A shul and Dora were investors from South Australia who had limited knowledge of the Brisbane property market and wanted expert help on the ground to guide them and manage their risk through the property purchase process.

Ideally, they wanted a new to near new home with 3 bedrooms and 1 bathroom within 10kms of Brisbane CBD. They had a budget of $600,000 and wanted to invest in an area that would experience capital growth and provide a rental return of 4.5% – which was high for the current rental market in Brisbane.

We were able to secure a lowset brick home that was ten years old and in good condition. It had modern finishes and featured 4 bedrooms, 2 bathrooms, a practical layout and single lock-up garage. Located in lovely part of Mitchelton, the property was close to local schools, shops and public transport. Valued at $590,000, we were able to secure it for $580,000 and achieve a rental yield at 4.5%.
This property is expertly managed by the Property Pursuit Property Management team