Our client from Sydney was looking to invest in Newcastle with the hope of spending less than $1M.
We were able to secure this beautiful 4 bedroom, 2 bathroom, double garage off-market home in the convenient lakeside suburb of Warners Bay, at a price below market value. We were able to identify the vendor’s requirements and therefore negotiate a great price for our client.
With the property leased prior to settlement, our client received income immediately.
- Purchase Price: $960,000
- Potential Rent: $850.00
- Potential Yield: 4.6%