Local Investment in Mitchelton
Local Investor
R ichard and Renee were local buyers looking for a low maintenance investment property with a maximum purchase price of $600,000. As they weren’t confident in their knowledge of the market and were quite time-poor, their financial adviser referred them to us to help minimise their stress and risk through the property purchase process.
We identified a lowset brick property in a convenient location that was a short walk to schools, shops, cafes and public transport. Situated on a low maintenance, flat block, the home had a functional layout with 3 bedrooms, 2 bathrooms, a study, open plan living and dining, a modern kitchen and a rear covered patio for entertaining. The property was valued between $600-610,000 and listed as offers over $599,000 though we were able to negotiate the price down to come under budget at $590,000.
Purhased | 2017 |
Cost | $590,000 |
Location | Mitchelton |
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