Investment purchase in Regional Queensland - May 2023

Case Study:

  • Purchased by 'Buying Property' for $275,000 ($24,000 under asking price)
  • Stamp Duty and Fees $9,000 approx. (conveyancing by Amy Zipf - AZ-Law)
  • No cash down (fully funded loan from equity an existing property) loans by Sandra Crummer - Marlun Finance
  • Estimated renovation costs $100,000 - renovation carried out by RenoMate Constructions Pty Ltd (actual renovation spend $140,000)
  • Estimated renovation timeframe 6-8 weeks (actual renovation timeframe 12 weeks)
  • Estimated valuation $600,000+ (actual valuation $725,000 12 weeks later)
  • That's roughly $301,000 equity for our clients in 3 months to move onto their next project!

Stay tuned for the next project!

 

Owner occupy purchase Mount Cotton, Queensland - May 2023

  • Purchased by 'Buying Property' for $1,150,000 ($50,000 under asking price)
  • Conveyancing by Amy Zipf - AZ-Law

 

Owner occupy purchase Highland Park, Queensland - March 2023

  • Purchased by 'Buying Property' for $1,015,000 ($55,000 under market value)
  • Conveyancing by Amy Zipf - AZ-Law

 

Owner occupy purchase in Regional Queensland - February 2023

  • Purchased by 'Buying Property' for $620,000 ($30,000 under asking price)
  • Conveyancing by Amy Zipf - AZ-Law