Waratah, NSW

“Thank you to Will Hosking, James Freudigmann and PMC Property for guiding us through our recent property purchase in Newcastle. PMC have been with us from go to whoa and we could not have been happier with the service and the result. They have succeeded in making the whole process as pain free as it possibly could be and we would have struggled without the help.”

Bob. E

CLIENT TESTIMONIAL

CLIENT BRIEF

Purpose of Purchase: Investment

Property Type: House

Key Criteria:

  1. Low maintenance
  2. Minimal vacancy
  3. Strong growth prospects

Client Outcome

Key Positives:

  • Surrounded by good employment opportunities/hubs
  • Low maintenance renovated weatherboard home
  • Ability to create an ensuite in the medium to long term plus update the kitchen
  • Nice large low maintenance block that rises up from the street and with off street parking
  • Character features; ornate ceilings, leadlight bay windows, polished floor boards
  • AC in the lounge, fans in all bedrooms plus second WC, gas heating and cooking

A Successful Investment:

This is the first investment property for our clients and they are over the moon with the outcome. Tenants moved in within 6 days of settlement and are paying $480/week which represents a 4.5% gross yield. The property is low maintenance, has nice character features and is a great set and forget investment for them.

 

Location

Waratah, NSW