James' investment in Indooroopilly yielded a remarkable 392% return on cash over 3 years. Purchased in July 2021 for $1,935,000, the property at 34 Jainba Street underwent strategic capital works and subdivision before selling for $4,000,000 in August 2024, resulting in a 206.72% growth in value. James' success demonstrates the effectiveness of a well-executed capital works and subdivision strategy in Brisbane's prestigious western suburbs. By identifying a property with significant development potential on a large land parcel in a blue-chip location, the investment trust was able to create substantial additional value through strategic improvements and land division.This investment highlights the importance of recognizing untapped potential in established suburbs with strong amenity and infrastructure. The property's proximity to the University of Queensland and excellent schools, combined with its development upside, created ideal conditions for value-adding strategies. With a total profit of $2,065,000 and an annualized growth rate of 26.56%, this case study proves that strategic property development can deliver exceptional returns when implemented with careful planning and market awareness.