Our client was a first time investor who came to us not knowing where or what to purchase. With a very healthy budget of over $1 million, we went to work to find the best property in a great yielding suburb.
After narrowing down five properties our client agreed with our team that Whitebridge was the property to purchase. We purchased the property for a great price that has yielded well.
As the property was vacant, we organised with the Listing Agent to rent the property prior to settlement. The Vendor and our client very happy. Our client was able to secure income from settlement date.
- Purchase Price: $950,000
- Weekly Rent: $800 per week
- Yield: 4.3%
