Charlestown, NSW



Purpose of Purchase: Investment

Property Type: House

Key Criteria:

  1. Strong capital growth prospects
  2. Minimal ongoing maintenance

Client Outcome

Key Positives:

  • Well maintained house in a popular location, no immediate maintenance required
  • Close to employment hubs and popular entertainment areas; easy access to major shopping centre
  • Fully renovated throughout

A Successful Investment:

The property was to be sold quickly just before the Christmas break. After only one inspection there were multiple offers. We were ready to proceed quickly, with our client prepared for contract signing and immediate exchange. Although there appeared to be other slightly higher offers from owner occupiers, the vendor favoured selling to an investor so as to not inconvenience such a good tenant. Ultimately our client secured an investment with a strong yield, at a slightly below market price with a long term tenant in place.

PMC Region Profile: View more information about Newcastle here

PMC Suburb Profile: View more information about Charlestown  here

Charlestown, NSW