- Purchase price: $510,000
- Equity day one: $25,000 to $30,000
- Gross Rental Yield: 4.49%
This property was secured off market and were the only Buyer’s Agent with access to this property, due to our relationship with the selling agent.
This property was secured for $510,000. This is a 4 bedroom, 2 bathroom, 2 garage property built in 2007. The property is on a large 600m2 block. Comparable properties selling between $535,000 and $540,000. Weekly rental income is $490 a week making this a 4.99% gross rental yield.
- Vacancy rate at time of purchase 0.8%
- Rental income growth in the last 12 months: 20.10%
- Capital growth in the last 12 months 24.84%
- Large 600m2 block
- SEQ purchase
- Taylored Market knowledge
- Solid Strategy
- Taylored Strong Negotiations
- Taylored structured system to determine value
