This year, an exciting, specialised, innovative property agency has entered the scene in Queensland. Giraldo Property, headed by Director Michael Giraldo, aims to provide a niche service that focuses on small to mid-scale development sites in Southeast Queensland.
This is an agency with a difference, combining technical expertise in town planning with grounded knowledge of the sales process. Add to that Michael’s impressive industry connections and we can’t wait to see where this agency is headed.
Michael Giraldo spotted a gap in the market while working with large agency groups - he says that their business models tend to favour predominantly huge projects.
Enter Giraldo Property. With a degree in town planning and 6 years’ experience in real estate, Michael brings something unique to his new agency - a holistic approach to property development sales.
A major advantage for clients is Giraldo Property’s partnership with Jensen Bowers, a town planning survey and development advisory firm.
“I’m working alongside the Jensen Bowers team and providing my clients, in terms of the sale of development sites, access to their knowledge and expertise as well,” Michael said in a recent interview with Development Ready.
“So it gives us a very quick link and a quick turnaround time to provide advice for our clients … I don’t know anyone else that really does that at the moment.”
Michael’s intricate knowledge of the industry also helps him develop lasting, working relationships with developers.
“They want to deal with someone who knows a little bit about their world. In my experience, developers are very time poor, so if I can take that away and do a lot of the … initial due diligence, then it gives them a bit of clarity on what they’re dealing with.”
Already, Giraldo Property has some impressive listings, two of which feature on Development Ready’s property portal.
11 Bebbington Street, Zillmere
11 Bebbington Street, Zillmere presents an enticing opportunity for those looking for small-scale developments. The roughly 650m2 property has approval for one three-bedroom apartment and five two-bedroom apartments all tailored for the owner occupier market.
The site is ready for a boutique build that includes plenty of private open spaces, along with a tasteful communal open space, 9 car spots and 8 bike spaces.
Its location presents another promising feature of this property. Potential buyers have been keeping an eye on Zillmere as it emerges as one of Brisbane’s premier up-and-coming suburbs. It’s proving popular among first home owners thanks to its affordability and easy commute to the CBD.
The property is located near a wealth of local amenities, including 3 popular bus stops, 4 parks, the Zillmere Train Station, and multiple shopping outlets, including Westfield Chermside.
Approval for the boutique build is valid until November 2021, which means it is possible to buy and hold the property if you prefer. Indeed, the 3-bedroom post-war home already on the block is similar to other homes in the area that have attracted roughly $350 per week in rental yields.
14 Bouchard St, Chermside
A 610m2 block within walking distance of Westfield Chermside? 14 Bouchard St is an incredible opportunity for a keen investor who knows potential when they see it!
The property is a post-war three-bedroom home with sunroom and teenager retreat, which could draw in up to $400 in rent per week.
A huge asset is its walking proximity to everything - shops, parks, hospitals, and bus links are all easily accessible on foot.
Importantly, the property development potential here is huge. With the land situated in a mixed use development (MU2) zone, you could build for residential and non-residential uses. A similar property in the same locality was recently approved for a residential project of nine apartments with a ground floor tenancy.
If you’re interested in this property, contact Michael for the initial planning report. And if you’re looking for similar properties with huge potential, be sure to browse dedicated property development portal.
