As we searched the market, one particular property stood out: a rare, purpose-built four-bedroom townhouse in a well-connected inner-Brisbane suburb.
What made this opportunity unique was that each of the four bedrooms had its own ensuite bathroom—a rare and highly desirable feature for shared accommodation. This configuration made the property ideal for room-by-room rental, significantly boosting its rental potential compared to a traditional single-tenancy lease.
Despite its standout features, the property had been marketed without much attention to its true value. The selling agent hadn’t positioned it as a high-yield investment, and as a result, it was flying under the radar of savvy investors. This worked in our favour.
We secured the property for $1.18 million, even though similar properties with the same rental configuration were selling for $1.25 million to $1.3 million.