Investor Demand Surges as Beenleigh Unit Sells for $290,000
In a testament to the thriving investor interest in commercial property in Logan, a seasoned interstate investor, Perry Edmondson-Clark, recently acquired a two-bedroom, one-bathroom unit in Beenleigh for $290,000. Edmondson-Clark, after an extensive search for a property strategically located near essential amenities, found this unit on Hammel St. His investment strategy focused on securing a property with substantial potential for capital growth, considering its prime location between Brisbane and the Gold Coast.
Edmondson-Clark emphasized the importance of conducting thorough research before investing, cautioning against being swayed solely by the aesthetics of a property. He highlighted the value of identifying properties with untapped potential rather than fixating on outward appearances. His acquisition in Beenleigh exemplifies his belief in the region’s growth prospects, comparing the property’s future value to a deposit in Sydney, underlining the significant growth opportunities he foresees.
Avi Khan, Principal of Ray White Marsden, echoed Edmondson-Clark’s sentiments, noting the escalating interest from time-sensitive investors in Logan’s property market, particularly with the approaching holiday season. Khan emphasized the affordability and growth potential of the Logan market, pointing out the increasing demand from investors eager to capitalize on the area’s expansion. He advised prospective investors to seize the current market opportunities, emphasizing that market fluctuations should not deter them from entering the property market.
Khan further emphasized the sustained growth in Logan, predicting an imminent extension of this growth to neighboring suburbs like Slacks Creek and Woodridge. He advised investors to focus on the present market dynamics rather than attempting to predict future trends, asserting that the current market conditions in Logan offer diverse opportunities for investors. The Logan property market, characterized by an influx of investors and a conducive selling environment, presents a favorable landscape for both buyers and sellers.
Amidst the evolving property market trends, the Logan region stands out as a promising investment destination, attracting investors with its affordability and growth potential. The surge in investor demand, as evidenced by Edmondson-Clark’s recent acquisition, signals a positive trajectory for commercial property in Logan, underlining the region’s appeal as a lucrative investment hub. As Logan continues to garner attention from investors seeking high returns and sustainable growth, the market’s momentum shows no signs of abating, positioning it as a key player in Queensland’s property landscape.
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