Amidst a surge in investor demand, a unit in Beenleigh recently changed hands for $290,000. Perry Edmondson-Clark, an experienced interstate investor, successfully acquired a two-bedroom, one-bathroom unit located at 3/20-26 Hammel St, Beenleigh. His strategic investment decision was driven by the property’s proximity to essential amenities and its potential for significant capital growth in the future.
Expressing his rationale behind the purchase, Edmondson-Clark emphasized the allure of investing in a location halfway between Brisbane and the Gold Coast, foreseeing the possibility of the property’s land value doubling over the next decade. He highlighted the affordability of investing in Beenleigh compared to the Sydney market, emphasizing the importance of strong purchase prices and capital growth in creating a favorable investment environment.
Principal Avi Khan of Ray White Marsden noted the heightened activity in the Logan property market, particularly driven by time-sensitive investors aiming to secure properties before the year-end. With a substantial portion of enquiries originating from investors, Khan highlighted the current advantageous conditions for sellers, attributing the market’s vibrancy to the influx of interested investors. He also underlined the growth potential in Logan, pointing to neighboring suburbs like Slacks Creek and Woodridge as indicators of the region’s expanding market dynamics.
Khan’s advice to aspiring investors looking to enter the property market centered on seizing the present opportunities rather than speculating on future market trends. He urged investors to act promptly, disregarding concerns about rising interest rates, and emphasized the continuous growth observed in the Logan market. Khan emphasized the diversity of investment options available, cautioning against overreliance on speculative forecasting, as the market in Logan shows resilience and ongoing growth without signs of deceleration.
The prevailing sentiment among real estate experts underscores the robust investor interest in Logan’s commercial property sector, with a notable focus on seizing favorable opportunities in a market poised for further expansion. As the demand for commercial properties in Logan continues to rise, investors are advised to act decisively and capitalize on the current market dynamics to secure promising investment prospects.
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