Our out-of-town client engaged our services to purchase a property for their daughter who was attending Newcastle University. The ideal property would be low maintenance, close to the city, have walkability to shops and public transport, and was in a safe area.
If they had of drawn a picture in their mind it would have been this gem, with all their wish list items checked off.
We were able to purchase this renovated cottage in Adamstown and have a settlement before Christmas. Ideal for the start of the uni year.
- Purchased: $890,000
- Potential Rent: $650.00 per week
- Potential Yield: 3.7%