A returning client was ready to buy another investment property and engaged our services due to their previous success.
Open to most areas but really wanting capital growth with a good yield, we explored some outer suburbs and couldn’t go past this Adamstown property that we had inspected previously before our client came on board.
This 3 bedroom townhouse with single garage and grassed, fenced courtyard is in a great location and we snapped it up for a fantastic price well below market value. Typically, new 3 bedroom townhouses in Adamstown were priced between $1,000,000 – $1,200,000. With a tenant signed up from settlement date, our client will receive income immediately.
- Purchase Price: $855,000
- Potential rent: $780.00
- Potential yield: 4.7%