Samuel Hoy from our team, using his economics degree, worked closely with a local developer to do a feasibility study to see how the numbers stacked up.
Quickly realising there could be a return of over 9% and running a second inspection the developer agreed to purchase the property.
A 30 day renovation job (during due diligence, AMAZING!) had the property relisted and leased within the first week achieving a very high yield.
For additional information please contact Samuel Hoy on 0423 795 273
JUST SOLD – 1,5,37/5 Kayleigh Drive, Buderim QLD We are seeing a shift in demand across the Sunshine Coast Region. The Home Builder grant is driving “tradie” demand for sub-300m2 industrial sheds, causing a supply/demand discrepancy across most markets whilst local and national investors are buying sight-unseen tenanted properties across … Read more
JUST SOLD – 139 King Street, Buderim QLD Nestled on King Street with Buderim town centre less than 5 minutes away, and with both Mooloolaba and Maroochydore within a 10 minute drive, this property is in a prime location. The University, quality independent and public schools, and the new multi-billion … Read more