Location
Brisbane Bayside, QLD

Type of Property
House

Reason for purchase:
Investment/Development

Purchase Price: $870,000

Rent: $725.00 per week

Current rental yield 4.33%

Client brief:

After a successful first purchase our clients engaged us to assist them find a second investment property. Within a few weeks of searching we secured this stunning property for our clients.  Located in the popular Brisbane Bayside area, future capital growth is assured to be strong.

The real kicker with this property though is the zoning of the land (medium density) which may allow up to 20 units to be built on the site (as was done across the road). This provides our clients with an option of either developing the property in the future or selling to a developer for a premium price.