Our client engaged our services to buy her new home after searching herself for many months and missing out on properties and feeling lost in the market.
She was hoping to purchase a north-facing property on the west side of the lake, with lake views, potential to add a granny flat for extra income and room to build a studio for her interior design business. She had a budget of $1 million for the entire project.
Our search took us from Booragul to Wangi Wangi with many properties sitting around the $850,000 price but needing extensive work.
We were able to negotiate a fabulous price on this beautiful north-facing property with lake views, a granny flat with parking with a weekly return of $400 per week and a separate studio already built.
The property came in well below her $1 million budge, and ticked all the boxes of her wishlist.
- Purchased $935,000
- Potential Rent: $1150 per week
- Potential Yield: 6.3%