- Purchase Price: $485,000
- Equity day one: $70,000
- Gross rental yield: 4.82%
- Off market purchase
We recently secured this property off market for our clients.
$485,000 purchase with a comparable property 3 doors up on a similar size block and virtually the same floor plan selling for $555,000. That’s $70,000 on the way into the deal or 14%. The rental appraisal on the property is $450 a week making this a 4.82% yield.
This property is a 4 bedroom 2 bathroom 2 garage on a massive 800m2 block, situated in a quiet owner occupied appealing cul-de-sac.
$485,000 purchase with a comparable property 3 doors up on a similar size block and virtually the same floor plan selling for $555,000. That’s $70,000 on the way into the deal or 14%. The rental appraisal on the property is $450 a week making this a 4.82% yield.
This property is a 4 bedroom 2 bathroom 2 garage on a massive 800m2 block, situated in a quiet owner occupied appealing cul-de-sac.
- This suburb has had 36.02% growth in the last 12 months
- Vacancy Rate: 0.2%
- 4.82% gross yield
- Large 800m2 plus block
- Low maintenance property
- SEQ purchase
- Taylored Market knowledge
- Solid Strategy
- Taylored Strong Negotiations
- Taylored structured system to determine value
