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Capel Court, Elanora, QLD

October 2022

 

Price:$84o,000 Off-Market21
Purchased by:
LUKE SERHAN

LUKE SERHAN

ASSOCIATE DIRECTOR - GOLD COAST
Luke purchased this charming 2-bedroom home for a Sydney investor within four weeks of engagement. Identifying the Gold Coast as a long-term investment play based on population growth and planned infrastructure spending leading up to the 2032 Olympics, our clients were focused on finding a property that had a meaningful land size with the opportunity to renovate and gain equity uplift for their efforts. After inspecting numerous properties in Varsity Lakes, Burleigh Waters and Robina, this property was strategically purchased at auction to ensure maximising the buying opportunity. This solid brick home ticks all the boxes and provides long-term capital growth and a strong rental return. With plans to quickly add an ensuite and extra bedroom, the elevated 781 sqm block is in close proximity to two shopping centres, schools, and beautiful Palm Beach.