- Purchase price: $520,000
- Equity day one: $20,000
- Gross Rental Yield: $5.2%
This property was purchased off market for $520,000. This is the second property secured with TPW this year. Both properties secured off market. Comparable properties one street over have sold for $540,000 on far smaller pieces of land. Minimum $20,000 equity on the way into the deal. Rental appraisal on this property is $520 per week making this a 5.2% gross yield.
This property was built in 2019 and has extremely strong depreciation on the property.
- Vacancy rate: 0.1% at time of purchase
- 20.4% rental income growth in the last 12 months
- 25.22% growth in the last 12 months
- Large 512m2 block
- SEQ purchase
- Taylored Market knowledge
- Solid Strategy
- Taylored Strong Negotiations
- Taylored structured system to determine value
