Sourced by Sound Case Study

Sourced by Sound Case Study

Wavell Heights, QLD

4 Bed | 1 Bath | 2 Car – House

Investor Brief and Strategy:

Infill land banking opportunity for an experienced investor looking to expand their portfolio.

Investment Details:

  • Secured off market, negotiated $1,32m
  • Rented for $1,000/w
  • Large 740sqm block
  • Potential city views from a second level
  • 10 kms to CBD
  • Highly regarded school catchment, only moments from cafes, parks & Chermside Westfield.

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – Super low at 1.2%
  • 2021 Growth strong at 12.5%
  • Long-term growth: 9.2%

What we liked:

Secured off market & below value, this huge infill lot will continue to generate a strong capital return whether it kept as is or redeveloped into a double storey home.

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This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.