Case Study Title
Purpose of Purchase: Investment
Property Type: House
- Capital growth with minimal maintenance as a close second.
- Elevated position facing north
- Good privacy and fully fenced yard
- Walking distance to local shops & Cafes
- Premium school catchment zone
- Fully renovated
A Successful Investment:
We inspected this property before the first open home with the selling agent giving us the first opportunity to make an offer before the weekend. The open home attracted over 30 groups with over 7 offers. Given we had submitted our offer first we had a right to review our offer and received inside information from the selling agent. We were able to secure the property for $9,000 below our upper limit and secured favorable terms for settlement for our clients.
The property will return in excess of 4.3% rental yield and the client has a very low maintenance investment property. They are extremely pleased with the outcome.