EKR Property has strategically sourced, negotiated, and secured a 4-bedroom investment property in the Moreton Bay region on behalf of our client based in Sydney. The tenant was also secured pre-settlement.

We acquired the property with a long-term capital appreciation strategy in mind. Our client plans to do minor cosmetic renovations, such as internal painting and new carpets, to increase the property's rental appeal before the tenant moves in. Pending council approval, the property also has the potential for subdivision.

🔸 Purchase Price: $850,000

🔸 Property Type: 4 bed, 2 bath, 3 car garage, on a 810sqm block

🔸 Location: Suburb in the Moreton Bay region, north of Brisbane

🔸 Buyer: Seasoned investor based in Sydney

🔸 Rent achieved: $750pw (tenant secured pre-settlement)

🔸 Suburb median rent for a 4 bedroom house: $565pw

🔸 Gross Rental Yield: 4.58%

🔸 Suburb Vacancy Rate: 0.7%

🔸 Suburb average 20-Year growth: 6.30%