Brisbane Buyers Agent engaged to purchase a 2 Bedroom Brisbane unit for the client to live in. Features the buyer requested were close proximity to the Brisbane CBD via public transport or walking distance. The unit had to have 2 bedrooms with an open plan living area and also be close to restaurants and local entertainment areas.
As a Brisbane Buyers Agent engaged to purchase a unit, I must find them something different than the standard units in the area which will ensure a strong rental return and capital growth plus have some special features about the property that would make it a desirable place to live. The budget was set at a maximum of $420K
The property we ended up selecting was located in Westend which is very close to the Brisbane CBD. It has direct access to the restaurants and entertainment areas of Westend as well as its own gym, swimming pool and secure underground car parking.
What set this property apart from all the others on the market was its layout. Central living area with bedrooms on either side. The master bedroom has its own walk-in robe and ensuite as well as a private balcony. The second bedroom which is of the same size has its own private access into the main bathroom and toilet giving both bedrooms a higher level of privacy not seen in other units. These features are rare in the local Brisbane unit market and will ensure this property is always highly desirable which will ensure strong returns and low vacancy rates if they choose to rent it out and strong capital growth. Secure access via a lobby and private undercover parking add to the appeal of this unit.
You can take a virtual tour through the property and see it in high detail for yourself.
Return on Investment
Purchase Price: $410,000
Rental Return: $450 per week
Return on Investment: 5.7%