Interstate Investor SMSF Purchase Of Brisbane Property - Home Scouts

Brisbane SMSF investment property purchased by Home Scouts for Sydney clients

Client Case Studies

Buyer Brief

Kanishka and Anu are a professional Sydney-based couple with a young family. As part of their investment planning, they wanted to purchase a Brisbane investment property through their Self Managed Super Fund.

They were seeking a property in an area with long term strong capital growth prospects, which was in good condition with no renovation required, and neutrally geared. Their budget was $650,000 for this purchase.

Not being familiar with Brisbane, they needed qualified property investment advisers who were on the ground to do their search and acquisition for them to ensure they bought the right property in the right location.

They engaged Home Scouts for the full buyer agency services, after being recommended to us by a previous client.

Our Approach

Whilst their initial goal was to purchase a free standing house, their budget did not allow for this property type within a reasonable proximity to the Brisbane CBD. An alternative strategy we recommended to address the proximity vs budget challenges, was to search for a townhouse dwelling in a superior area.

Our suburb recommendations took in to account their budget and objectives, assessment of key growth drivers including (among others) infrastructure spend, proximity to amenities, and current and future prospects.

After inspecting a range of properties across the broader Brisbane region, we identified a property opportunity which met all key criteria for yield, capital growth, and access to amenities.

Conducting due diligence and a pricing strategy, we negotiated with the agent. In a multiple offer situation, our client’s use of a buyer’s agent gave the seller confidence, leading to a successful bid. Once the contract was secured and the property passed inspection, we assisted our clients with property manager options to ensure a smooth handover to tenancy.

Result

Property

3 bedrooms, 2 bathrooms + powder room
Townhouse
Located in the heart of Ormiston, an easy commute to Brisbane CBD
Strong capital growth outlook and low vacancy rate
Secured for under $647,000

Location

Ormiston, located in Brisbane, is a picturesque bayside suburb known for its charming blend of coastal and suburban living. It offers residents a peaceful environment with easy access to essential amenities, including shopping centres, medical facilities, and schools. The suburb is well-connected by public transport and boasts ample green spaces, making it an attractive location for families and investors alike.

Home Scouts helped us find an investment property in Brisbane (we are based in Sydney and never left our living room couch through the entire process!). Bron is absolutely amazing and a delight to deal with! Sandra is the expert on all things Brisbane – her diligent, proactive, conscientious and meticulous work ethic ensured that we were able to secure a property in the extremely competitive Brisbane market with ease in ~6-8 weeks.

Home Scouts are extremely well connected and have an efficient network to ensure you can go about your home-buying journey with ease and confidence. We would highly recommend them!

KANISHKA AND ANU