This is a recent purchase for one of our clients. This property was recently secured off market for $450,000. A comparable property 200 metres from this property recently sold for $505,000. $55,000 straight into the deal or 12% based off comparable property. Comparable sale is a 4 bed 2 bath 2 garage and a similar size block to the purchased property. This property is currently tenanted meaning that our client will have no vacancies on this property from day one.