This property was purchased on market, due to our strong relationship with the agent and acting quickly we were able to have a signed contract in place in less than 30 hours from the property going live. Eliminating the competition and having to compete at the open for inspection.

Purchase price $490,000 with the property directly next door selling for $555,000 in January 2022. The rental appraisal is $480 a week making this a 5.09% gross rental yield.