Bray Park Renovations
Purchased for $485,000. Rental appraisal at $570 to $590 per week once renovated (6.1% gross rental yield). Needs a renovation of about $150,000
First home buyers. Currently owner occupied and will be a future investment property. Granny flat will be added in time.
3 beds, 2 Bath, 1 car space on 821sqm block
Current market value of $680,000 approximately once renovations are complete.
Location Bray Park
Annualised 8.02% capital growth over the last 25 years
- Good capital growth and yield
- Good cashflow
- Land bank for future development (potential granny flat)
- Fundamentals stacked up
IPS Buyer’s Agents process is designed to navigate the pitfalls of incorrect finance setup (through Moreton Bay Finance Broker) and poor property selection. This is to ensure you are not exposed to unnecessary risk, poor loan structuring and missing out on capital growth.