Purchased: $807,264
Potential Rent: $550 p/w
Potential Yield: 3.5%
Our client is currently living in Far North Queensland and is looking to move back to Newcastle in the next five years. He wanted a house that could be rented in the short term and knocked down in the future to build his dream home. It needed to have a bush outlook, be private and not overlooked. A sloped block would be desirable for the future house design.
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