Client Name: 
Az & Jackie (SMSF)

Client Occupation: 
General Manager

Client Location:
Sydney, Australia

The Brief:
Our client wanted to capitalise on their 1st south-east Queensland purchase with a second in the capital. The purchase was through their self-managed super fund so the pre-requisite from them was a long term investment with good rental yields.

Purchase Reason: 
Investment

Property Address: 
Mitchelton, QLD

About The Property: 
3 Bed / 1 Bath / 1 car - 407m2

Superbly located in one of Mitchelton's most intimate and consistently sought-after streets, this renovated character home enjoys an elevated position with leafy outlooks over the district. It's light and airy throughout and offers a well-presented three-bedroom home with lots of flexibility, fresh modern updates and a quiet setting with the buzz of Blackwood Street's cafe scene just around the corner. Freshly presented interiors with open lounge & dining, large private established garden with a level lawn, three bedrooms two with built in's. Kitchen updated with gas appliances. Remote double lock-up garage with space for storage.

• 10km to Brisbane CBD
• 550m (7min walk) to Oxford Park station
• 800m (9min walk) to Mitchelton station
• 1.1km (14min walk) to Brookside shopping centre
• 1min walk to shops and cafes
• 25mins to Roma street station by train
• 5 schools within 800m
• Opportunity to add value with an internal renovation, rear extension and wrap around balcony 

Purchase Price:
$580,000 

Purchase Method:
Private Treaty

Rent:
$480/wk 

Gross Rental Yield:
4.30% 

Our Services:
• Detailed brief and confirmed requirements with a reverse brief to the client
• Identified key areas in South East Queensland that matched our client's brief requirements
• Presented research findings and suburb due-diligence with our recommendations on their bespoke website
• Commenced search and viewed properties on behalf of our client
• Presented recommended properties on our client's bespoke website with the key information
• Negotiate purchase price on behalf of the client
• Liaised with the client's solicitor and mortgage broker on the transaction
• Worked with our client in finding the right property manager and tenants
• Provided renovation financial feasibility study