Railway Street – Southport

OLiver Dunstan

Seeking an investment property on the Gold Coast to diversify their portfolio, our interstate clients engaged @roseandjonesqld to help navigate the rapidly evolving market in SEQLD.

The right property needed to offer the balanced mix of capital growth potential along with a palatable yield, particularly in this rising interest rate environment.

In what is likely the most competitive price point in the market today, we missed out on a few properties due to being outbid by owner occupiers.

We stuck to the strategy and within a month of engagement placed a renovated, two bedroom apartment under contract – which has since gone unconditional.

The rent potential will result in a gross yield in excess of 6% and the location and size of the block is ripe for future development potential.

We will now assist our clients with the leasing and management of their new investment asset. Providing a seamless transition from search to tenancy.

If you’re looking to buy an investment property on the Gold Coast, we’d love to help. Get in touch with the team at Rose & Jones Queensland today.

CLIENT TYPE:

Investor

SERVICE TYPE:

Buyers Agency

PURCHASE PRICE:

$400,000

TRANSACTION TYPE:

Private Treaty

ZONING:

Residential

BEDROOMS:

2

BATHROOMS:

1

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