Woombye Duplex QLD 4555,

Sold 1st January 1970 | by

Sam and Claire sought to maximize returns and capital growth, turning to Blue Wave Property Strategies for investment guidance. The team recommended a duplex in Woombye, located in the Sunshine Coast hinterland, highlighting its potential for rental income to offset mortgage expenses. The land and build project, completed in 2017, required meticulous planning with provisions for interest costs during the 9-month construction phase. The duplex, which was strata-titled, incurred a total cost of $854,000, resulting in an immediate equity uplift of $200,000+. In 2023, with the goal of paying off their owner-occupied debt, Sam and Claire opted to sell. They successfully sold each side for $700,000 and $705,000, respectively, yielding a gross profit of $551,000. For deeper insights, consider connecting with the Blue Wave Property Strategies team.