Julius Street, New Farm
Address: 3/1 Julius st, New Farm
Type of property: Apartment
Reason for purchase: Investment property
Client brief: Seeking a prestigious investment property
Overview of the purchase: Our client uses our buyer’s agents and property management services in Sydney and through discussion with the Prosper Group team decided to diversify their portfolio with a Brisbane apartment.
Not knowing Brisbane well, we picked our clients up from the airport and spent the day driving them around the different markets/suburbs which we felt suited their criteria. New Farm and the Julius Street apartment were both standouts for our clients.
The apartment was within a boutique block of 6 apartments, well located and very unique with its art deco design.
The property was being sold via an auction campaign. Prosper Group completed their due diligence and attended the auction on behalf of our client. We were successful with our bidding and purchased the property below our clients expectations.