Investor Expats in Holland Park West
L uke Tucker and Helena Gamvrogiannis were expats based in Singapore. Initially they came to us for consulting sessions to help them understand the Brisbane market to manage the property purchase better themselves. However, it became too difficult not being local, and through our consultation sessions, they were confident that we would look after their interests.
They wanted a low maintenance property within 10kms of Brisbane CBD that was in good condition, had 3 bedrooms and was situated on a 400m2 plus block. Long-term capital growth was a key motivator, and it had to be within their budget of low $700’s.
We found a tidy, post-war timber home that fit the brief and was in a good location close to local shops, schools and public transport. The property featured 3 bedrooms, 1 bathroom that had been updated, a modern kitchen and a lock-up garage. It was situated on a fully fenced 607m2 block and had the potential to add value to the home with future renovations or removing to build new. Market value was $710,000 with multiple offers presented to the selling agent. We were able to secure the property for $711,000.
|Holland Park West