- Purchase price: $510,000
- Equity day one: $30,000
- Gross Rental Yield: 4.99%
This property was secured off market and we were the only Buyer’s Agent who had access to this property. We secured this property for $510,000, comparable properties have recently sold on smaller pieces of land for $540,000. That’s $40,000 on the way into the deal.
This is a 4 bedroom, 2 bathroom, 2 garage property built in 2010 on a massive 862m2 block.
- Vacancy rate: 0.5% at time of purchase
- 23.1% rental income growth in the last 12 months
- 28.31% growth in the last 12 months
- Large 862m2 block
- SEQ purchase
- Taylored Market knowledge
- Solid Strategy
- Taylored Strong Negotiations
- Taylored structured system to determine value
