Property Type: Unit
The largest unit we’ve seen for sale in Taringa in a decade, this unique 2 bedroom unit is any investors dream only a 400m walk to the Taringa train station and views out of every window! Just minutes from the Brisbane CBD, this beautifully presented unit boasts both luxury, style, and an incredible investment opportunity.
Purchased for a Sydney buyer as an investment off market.
Client Review:
“I was so nervous about purchasing a property but Tracy really guided me through the way. She made it so easy!”
SO – SYDNEY
The Brief
To find a unit in a blue-chip location where capital growth would be high, have low body corporate fees and be close to a train station.
The Strategy
Use local agent relationships to leverage a purchase given the suburbs we were looking in were very competitive. The owners rented back this property from our client.
The Property
This top floor apartment is spacious, well presented and has an elevated district outlook with glimpses of Brisbane City – a true hidden gem for our investor.
The Suburb
The property is located in the heart of Taringa, only five km from Brisbane CBD. It borders Indooroopilly, Toowong, St Lucia and Auchenflower and is in close proximity to the University of Queensland campus and the Train Station, making this an in-demand rental for our client.
The Numbers
- Purchase price: $435,000
Rented back to the previous owners for $415 per week. This achieved a 4.96% gross rental yield.
