After feeling lost and dejected in the market and looking at open homes every Saturday for six months without purchasing, our client engaged our services.
Wanting to live in the lakeside suburb of Warners Bay and with a healthy $1M budget, we went to work. Within 10 days, we purchased this three bedroom, two bathroom Warners Bay townhouse with double garage in a small complex of four townhouses.
Knowing this property had been on the market for six weeks after being passed in at auction, we were able to purchase well below market value and below our client’s budget.
A great purchase with walkability to the lake, shopping centre and cafes.
Purchased: $940,000
Potential Weekly Rent: $850.00
Potential Yield: 4.7%