Client Name:
Scott
Client Occupation:
Film Director
Client Location:
Berlin, Germany
The Brief:
Our client is an Australian film director currently living in Berlin, Germany, where he is looking to purchase his new house. He engaged Milk Chocolate to assist him in entering the Australian property property market by modelling out a plan that presents the best investment opportunities.
Purchase Reason:
Investment Property
Property Address:
Geebung, QLD
Purchase Price:
Undisclosed
Purchase Method:
Private Treaty
About The Property:
3 Bed / 1 Bath / 1 Car - 683m2
The property presents well from the street, upon closer inspection, you get a really good sense of the proportions of the house vs. the land content. The house backs onto a reserve with some shrubbery at the back to offer some form of privacy, which is always nice.
Inside the home presents plenty of character features like nice high ceilings, rich hardwood floors and many windows to allow as much natural light to fill the rooms as possible. Whilst the house is a bit rough around the edges, a bit of cosmetic love internally and externally would really provide a nice lift enabling the home to leap out of the ‘60s and announce itself to the modern age.
• Potential to add value
• Sizeable block at 683m2
• Only around 11km from the Brisbane CBD, as the crow flies
• 5-minute drive from Westfield Chermside
• Many character features
• Great street appeal
Our Services:
• Detailed brief and confirmed requirements with a reverse brief to the client
• Commenced search and viewed properties on behalf of our client
• Presented recommended properties with the key information and cash flows
• Negotiated the purchase price on behalf of the client
• Liaised with the client's solicitor and mortgage broker on the transaction
• Undertook extensive building inspections
Will we renovate:
Short term - Aesthetically improve the property for a better quality tenant by undertaking works such as: demo of kitchen & internal walls in order to supply and install a new kitchen including appliances, supply and install a split system air-conditioning unit in the living room, laundry refurbishment, tidy front garden, paint internally throughout, refresh timber floors and more.
Long term - the house presents the ability to further manufacture equity by structurally extending and raising the property.