This property was purchased off market for our client for $510,000, $30,000 under comparable properties. Rental appraisal of $490 a week making this a Gross Rental Yield of 4.99%.

This property is located in a quiet street in a high quality pocket of the suburb that is family friendly and owner occupied appealing. Situated on a large 600m2 block. This is a 4 bedroom 2 bathroom 2 garage property that is low maintenance.

This property had a few small cosmetic issues appear in the pest and building report and we were able to negotiate a further $2,900 off the purchase price. These issues to fix came in well under the negotiated discount of $2,9000.