Brisbane Buyers Agents guide to the perfect investment property. If you have ever considered what is the perfect investment property? Then you would have to consider this type of home as the absolute most suitable property type there is. Firstly it’s Brick and tile which cuts down the maintenance issues for the property. Then there are 4 bedrooms, 2 bathrooms on land over 600 m2 in a very good suburb whose prices are on the upward side of the property price cycle.
The layout is also ideal with the master bedroom towards the back of the house and the remaining bedrooms towards the front. Then there is the dual living areas and double lockup garage. These are all features sought by both buyers and tenants which means when we go yo rent it out or sell, we have a very wide target market to present too.
The purchase strategy involved waiting it out, by that I mean that the original asking price of the property was too high. When that occurs and all potential buyers have seen and enquired about the property, all future activity stops. Even when the selling agent drops their prices, activity stops. It is as though no one looks at the price reduction and completely bypass the property.
These properties are then easy to purchase at a much lower price than their original asking price and we saved well over $25,000 when we negotiated the final purchase price.
You can view the property with our virtual tour system below.