Low Maintenance Investment
Type of Property: House
Reason of Purchase: Investment4 2 2
When you think about established property you often think, Maintenance.
But when we found this great property we knew it was the perfect one for our busy Mining client. Working shift work in the mining industry this client was looking for a low maintenance investment property to add to his portfolio.
Purchased off market, the sellers where motivated to get a deal done in 2018, so they could start the next chapter of their lives in South Australia. But the pressure of preparing the home for photos, open for inspections, and then potentially be sitting on the market over the Christmas holidays was all too much for this family.
After some negotiations a deal was done that created a Win-Win outcome for all parties and our client got a ripper property, at a great price.
Bed / Bath / Car: 4 / 2 / 2
Block Size: 600m2
Rental Return: $510 or around 4.5% Gross
Annual Growth: 4.4% P/A over last 5yrs
All bedrooms with built-ins
Master bedroom with WIR and en-suite
Laundry with external access
Double lock up garage with plenty of storage space
2 huge separated living areas
Formal dining and main dining spaces
Great size kitchen with copious bench and cupboard space
Outdoor entertaining area