Client Name: 
Withheld

Client Occupation:
Country Director

Client Location:
Southeast Asia

The Brief: 
Our client will most likely be away for the next 3-5 years and was looking for their first property in Australia, an investment property. They have been thinking about this purchase for the past two years whilst saving a deposit. They were looking for an affordable investment property that is close to an area where they have friends or family. We were tasked to guide our client on the data and facts for the key areas that they would like to purchase in and also recommend suggestions on areas we think are suitable for their goals.

Purchase Reason:
Investment Property

Property Address: 
Sunshine Coast, QLD

Purchase Price:
$330,000

Purchase Method:
Private Treaty

About The Property: 
1 Bed / 1 Bath / 1 Car - 68sqm

Having being built in the 1980's, this architecturally designed apartment block has stood the test of time. The ground floor apartment is filled with natural light and surrounded by beautiful lush gardens. The block is surrounded by houses that have been recently renovated or are in great condition with the the majority of the properties being single dwellings, with no other apartment blocks around.

• Beautifully kept interiors
• 7min drive to the new Maroochydore CBD
• 4min walk to the beach
• Small boutique apartment block
• Stones throw to the planned Sunshine Coast light rail

Our Services:

• Detailed brief and confirmed requirements with a reverse brief to the client

• Presented due diligence and research on multiple states and suburbs suited to our clients brief and goals

• Commenced search and viewed properties on behalf of our client

• Presented recommended properties with the key information and cash flows

• Presented town planning advice per property

• Negotiate purchase price on behalf of the client

• Liaised with the client's solicitor and mortgage broker on the transaction

• Undertook building, pest and plumbing inspections

• Recommended property managing agent

• Worked with the managing agent to secure a tenant

Did we renovate:
No

Rent:

$340/wk

Gross Rental Yield:

5.20%