Purpose of Purchase: Investment
Property Type: House
- Capital Growth
- Low Maintenance
- Rental Yield
- Elevated position
- Sought after pocket comprising mostly family homes
- North-east facing back yard
- Relatively new construction being less than 20 years old
- Good tenancy demand being a 4 bedroom, 2 bathroom, 2 covered car home
A Successful Investment:
This is the clients first investment property. The client was a young Doctor living on the Gold Coast with the primary focus of the brief being on capital growth and also wanting decent cash flow and maintenance to be minimal.
Our client secured the property before it went to the open market due to PMC’s agent relationship and also that we were able to offer solid contract terms which meant the Sellers were getting a smooth sale process. We managed to secure the property $20,000 under our assessed good buying up to amount, which we initially set out with our client prior to us negotiating.