Warners Bay, NSW

CLIENT BRIEF

Purpose of Purchase: SMSF Investment

Property Type: Free Standing House

Key Criteria:

  1. Low maintenance
  2. Solid long term growth prospects

Client Outcome

Key Positives:

  • Large family home with 4 bedrooms plus study, and 2 full bathrooms
  • Low maintenance condition
  • Double lock up garage
  • Less than 1km from Warners Bay and Lake Macquarie Foreshore
  • Close to employment hubs and shopping centres
  • Easy access to Charlestown and Newcastle CBD

A Successful Investment:

Our client has bought this property inside their SMSF. It was key that we secured a property that was low maintenance and had good long term growth prospects. The property was auctioned with a price expectation in excess of $650,000 and passed in at auction. We tracked the property for a lengthy period of time and managed to secure the property at an excellent price in excess of 40K less than what the vendor and agents initial price expectations were and what we considered to be great buying based on our valuation numbers. The client are very pleased with the outcome.

 

Location

Warners Bay