Nick and Ellora, a young couple with a tight budget, engaged Omar from Moove to assist in finding a suitable investment property. Initially, we identified a property in Raceview, an established suburb in Ipswich, which unfortunately sold above budget at $615,000.
Determined to deliver, we quickly sourced another property on the same street, directly across the road. This property sat on a slightly larger block, with a land value $10,000 higher than the previous one. While it required minor renovations such as paint and blinds, we secured it in a competitive multiple-offer scenario for just $545,000. With renovation quotes coming in at $15,000, Nick and Ellora now own a property in a prime location, superior to the one they missed out on, with an estimated $50,000 in equity already built in.
Most impressively, we were able to secure the property within 6 weeks of starting the search. The clients are thrilled with the outcome and excited about their new investment.
