Not local to Newcastle and moving into an apartment in Newcastle City before purchasing their first home our clients came to Kylie and I for assistance. Whilst believing they would probably purchase in Newcastle inner city areas we decided to take them on a 2-hour drive around Newcastle and Lake Macquarie.
We had previously viewed these brand-new townhouses and loved the quality, size and location. 10mins to Redhead beach, walkability to Whitebridge shopping precinct featuring eateries and fabulous cafes.
It didn’t take long for our clients to decide this is where they wanted to be.
We inspected, negotiated and purchased this fabulous townhouse for an excellent price.
Purchased Price: $1,025,000
Potential Weekly Rent: $800.00
Potential Yield: 4%