Bought Well • Silkstone Investment Spotlight: Post-War Home with Dual Income Potential and Strong Growth Opportunity
Investing in real estate can be a daunting yet rewarding venture, especially for those living abroad. Recently, we identified a promising post-war home on a generous 809m² block that perfectly illustrates our ‘Build Wealth’ strategy. Below, we’ll explore the benefits of this investment and why it represents an excellent opportunity for savvy investors.
Prime Location
Situated just a short drive from local shopping and rail transport, this property is in an elevated position, providing not just comfort but also convenience. With Brisbane CBD less than 40 minutes away via a direct rail line and Ipswich CBD only 10 minutes by car, this location is ideal for both homeowners and tenants alike.
Strong Rental Demand
The area boasts strong rental demand, making it an attractive choice for investors. This consistent demand is fueled by the proximity to amenities, transport links, and the overall livability of the suburb. For those looking to maximize returns, investing in a property that appeals to renters is essential.
Capital Growth Potential
Post-war homes are often seen as a blank canvas for investors. This particular property, while tidy, remains in its original condition, presenting a prime opportunity for renovation and modernisation. Given the rising property values in the region, there’s significant potential for capital growth. With careful upgrades, investors can enhance the property’s value while also increasing its rental appeal.
One of the standout features of this property is its additional access through a second driveway. This presents a unique opportunity to build a granny flat, which can further maximise rental returns. In today’s market, properties with multiple income streams are highly desirable, and the ability to add a secondary dwelling can significantly boost your investment’s profitability.
Our ‘Build Wealth’ strategy focuses on identifying properties with untapped potential. By choosing a property like this post-war home, investors can benefit from:
Value Add Opportunities: Renovating and modernizing the home to attract higher rents.
Dual Income Potential: Utilising the second driveway for a granny flat or secondary dwelling.
Location Advantage: Capitalising on the area's strong rental market and proximity to key amenities.
Investing in post-war homes, especially those identified before they hit the market, offers significant advantages for investors living abroad. With the right approach, this property on 809m² presents an excellent opportunity to build wealth through capital growth and rental income. If you're considering investing in real estate, let this be a reminder of the potential that lies within well-located, original-condition properties.
This investment was secured with the help of @claire_raywhiteipswich on the sell side.
