Marsden

Residential Purchase – Marsden

Purpose of Purchase: Investor

Property Type: Dual Occupancy House (6 Beds + 3 Baths + 2 Car Park)

Property Size: 453m²

Budget：$700,000 – $900,000
Purchase Price: $704,000
Purchased on: March 2022
Yield and rental info:

• Great rental return ($830/week in July 2023), Gross rental yield is over 6.13%
• Similar 6 bedder dual occupancy properties currently were sold above $750k after a year of settlement

Property Feature:

• 35 min drive from Brisbane CBD
• Individually-metered dual occupancy with 6 bedroom, 3 bath was built in 2018
• Easy access to all the amenities 

Client Background:

• Brisbane local repeat client with multiple-property portfolio 
• Looking for good cashflow property to balance the portfolio
• Currently our property management team manage his 5 properties

This fantastic rental return property was secured below his budget within a week after he engaged our service.