Case Study April 2024
Investment property sourced, negotiated and secured by EKR Property
4 bedroom house, $734,000
A seasoned investor from Sydney purchased an investment property in the Moreton Bay Region, north of Brisbane, through their SMSF.
We sourced, negotiated, and secured the property with a long-term capital appreciation strategy. It is low-maintenance and an ideal asset for an SMSF purchase.
🔸Purchase price: $734,000 (post negotiations after building and pest)
🔸Suburb median price for a 4 bedroom house: $800,000
🔸Property type: 4 Bed, 2 Bath, 2 Car garage house on a 360sqm block
🔸Location: Suburb of Moreton Bay Region
🔸Buyer: Seasoned investor from Sydney, first SMSF investment purchase
🔸Rent achieved: $630pw (Existing tenant with purchase)
🔸Suburb median rent for a 4 bedroom house: $630pw
🔸Gross rental yield: 4.46%
🔸Suburb vacancy rate: 0.6%
🔸Suburb average 20-year growth: 5.24%
Special thanks to Melissa Brooker and Tahlia Mccosh (pictured) from Harcourts for facilitating the sale of this property!
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