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Overview
Wakerley
This residential property located in Wakerley offers an excellent investment opportunity. The house features four bedrooms, two bathrooms, and two parking spaces, making it suitable for families or investors seeking a well-sized home in a desirable suburb.
The property sits on a 500 square meter land parcel, providing ample outdoor space for various uses such as gardening, recreation, or potential future extensions. The purchase price was $1,116,500, negotiated to be $60,000 below the guide price and well below the client's budget of $1.2 million. This price is also below the estimated valuation and market price, which was around the early $800,000s, indicating a strong investment value.
Wakerley is a sought-after residential area known for its community atmosphere and convenient access to amenities. This property is ideal for investors looking to capitalize on the suburb's growth potential and stable housing market.
Key features of the property include:
- Four spacious bedrooms providing comfortable living space.
- Two well-appointed bathrooms to accommodate family needs.
- Two dedicated parking spaces ensuring convenience for residents and guests.
- A generous land size of 500 square meters offering outdoor flexibility.
- Strategic purchase below market valuation enhancing investment returns.
Overall, this house in Wakerley represents a valuable asset for investors seeking a quality property in a thriving Queensland suburb. The negotiation success and purchase price reflect a prudent acquisition strategy, positioning the property for future appreciation and rental demand.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Wakerley QLD 4154
Market Insights for Wakerley QLD 4154
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
