Case Study Title

CLIENT BRIEF

Purpose of Purchase: Investment SMSF

Property Type: House

Key Criteria:

  1. Low Maintenance
  2. Strong Rental Return
  3. Low Vacancy
  4. Set and forget

Client Outcome

Key Positives:

  • Backs onto bushland / reserve
  • Across the road from a council owned park
  • Solid brick and tile home only 10 years old
  • Owners are currently re-painting and re-carpeting the home
  • Close proximity to Newport and then new Stockland development
  • Exceptional set and forget style, low maintenance investment
  • Strong depreciation due to the age of the improvements

A Successful Investment:

This property was secured for our client off market.  The owners were in the process of completing a cosmetic renovation including new carpet, paint, light fittings, door handles and laundry washtub.  The works had not yet commenced at the time of our inspection so we made our offer subject to them completing them all prior to settlement.  This was ideal as our client was purchasing the property as part of their SMSF, so with all the new upgrades they now have an ultra low maintenance set and forget investment for the years to come.

 

Location

Case Study Name

Kippa Ring