Brisbane, Queensland
Australia

Mon - Fri 9.00 - 5.00
Sat-Sun CLOSED

Doolandella Investment Property For Overseas Investors

Doolandella Investment Property For Overseas Investors

Property Performance

Purchase Date
Purchase Price

$0

Current Value

$0

Weekly Rent

$100

Return

Datasource RPData

Doolandella Investment Property For Overseas Investors purchased $15,000 below the asking price for overseas investors. This is an example of the type of investment properties I seek out for my clients. The property has 4 good sized bedrooms with walk-in robes and ceiling fans in each room,  2 bathrooms, one being the ensuite in the master bedroom, a good-sized double lockup garage on 535m2 of land.

Purchase Type

Off Market Transaction. This property was purchased prior to being offered to the public. I have had a strong relationship with this agency for over 15 years. They provide me with a strong list of properties coming on to the market which allows me to avoid competition from members of the public.

Negotiations

The asking price for the property was $550,000, yet our offer of $535,000 was accepted by the vendors which in this current seller’s market is just about unheard of with most buyers having to pay more for a property than what they would have had to 6 months ago. Right now with interest rates the lowest, they have ever been we are seeing a surge in market activity in Brisbane and this is leading to very high property prices.

Return on Investment

Weekly Rent = $465 per week

Cost to Finance 100% @ 2.7% = $276 per week

Cash Flow Positive by $189 per week gross.

Return on investment is 4.51%, Gross

Location
Share This Property

Table of Contents

More Examples

Quick Links

How can we help you?

Contact us at Investate 1300 645 888 or submit an inquiry online.
Daniel Stephenson
Daniel Stephenson
Sydney, NSW
Read More
“Great service and insights throughout the purchasing journey.”