29 Jun Sourced by Sound Case Study
Posted at 10:24h
in Case Studies
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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