For first time investors taking the leap from Melbourne, the brief was a property with room to grow, both in rent and in value, without unnecessary risk.
Blue Key secured a townhouse just 20 minutes from the Brisbane CBD for $620,000, with low body corporate fees and a large backyard. Long term tenants are already in place paying $500 per week, with an increase expected in January 2026, and there is scope to add value and lift rent further through some minor cosmetic renovations.
With owner occupier appeal and very low vacancy rates in the area, the clients are in a strong position to refinance once the cosmetic changes are made, and go again.
The Result:
- Purchase price $620,000
- 20 minutes from the Brisbane CBD
- Tenanted at $500 per week, increase due January 2026
- Low vacancy rates and strong owner occupier appeal
