netwiz » Exceptional Property

We’re pleased to announce the handover of this project — and we’re beyond excited with the end result. Tenant feedback so far has been overwhelmingly positive, a testament to the quality of the design and construction.

The next step is securing tenants for all rooms and finalising the valuation. Early projections suggest we’ve created approximately $800,000 in unrealised profit, with $60,000 per year in positive cash flow expected once fully leased.

If you’d like me to source a similar opportunity — either for us to manage or as part of a joint venture — feel free to reach out.

Stay tuned for the next update with final rents achieved and the valuation results.

Great news—our project at 88 Gawain Road, Bracken Ridge has now reached the lock-up stage! The structure is fully enclosed, with external walls, roof, windows, and doors all in place. This is a huge milestone that brings us even closer to completion.

What’s Been Done:

✅ Structure Fully Enclosed – The house is now weatherproof and secure.
✅ Water, Sewer & Power Connected – All essential services are now in place.
✅ NBN Ready – High-speed internet provisions have been installed.
✅ Crossovers Completed – Driveways and access points are finalized.
✅ Titles Registered – The subdivision is officially complete, with separate titles already registered.

What’s Next?

🔹 Internal Fit-Out – We’ll now move on to plastering, electrical, plumbing, and cabinetry installation.
🔹 Final Inspections & Compliance – Ensuring everything meets regulations before the final handover.
🔹 Landscaping & External Finishes – Driveway concreting, fencing, and final site clean-up.

Final Stretch

Bracken Ridge remains a high-demand area, and with everything on track, we’re getting closer to delivering a great finished product.

Slab Laid and Frames Going Up!

We’re excited to share that construction is moving forward on schedule! The slab has been laid for this project, and framing is underway. We’re on track for completion by Q1 2025.

Since acquiring the land in May 2023, property values and rental demand have risen significantly, adding to the project’s overall potential. We’re now projecting a total profit of approximately $700,000, with estimated rental returns of $430-$450 per room.

If you’re interested in learning more about building a high-end co-living space and maximizing rental returns, reach out to schedule a consultation call with us today!

The transformation of the old house at Gawain Road is underway. The demolition and removal have been completed, and we are now advancing with the subdivision process.

We Anticipate the release of the new block in early February 2024. Construction is scheduled to commence in April 2024, bringing this exceptional opportunity to life.

This is the final chance to secure a partnership in this high-yield project in metropolitan Brisbane. With February 2024 marking the end of the joint venture window, seize this lucrative opportunity before it’s too late.

Don’t miss out on this exceptional development opportunity in the heart of Brisbane. Contact us today to explore the possibilities.

Have you been thinking about investing in co-living but unsure if you could sell the end product for the right price?