Purpose of Purchase: SMSF Investment
Property Type: House
- Minimal maintenance
- Strong cashflow
- 4 year old house with excellent depreciation
- Ducted a/c
- Park at the end of the street
- Large covered entertaining area
- Bushland views from front verandah and master bedroom
- Excellent privacy
A Successful Investment:
We have secured for our clients an excellent purchase that is $150,000 less than a bank valuation that the vendors held and provided us with a copy of. The vendors were desperate for a sale as they had purchased another property and did not want to have to terminate the contract. The house is a very good quality 4 bedroom, 3 bathroom house that is only 4 years old with a double garage, large covered deck of almost 65sqm, high quality fixtures and fittings and excellent floor plan allowing use of the 4th bedroom as a rumpus due to the size.
The client now has a very low maintenance property with strong cashflow and good depreciation inside their SMSF. This property is in an exclusive pocket and with the park and ovals at the end of the road, will be in demand for the long term.