Type of Property: House
Reason of Purchase: Investment3 2 2
This is another great example of Hot Property Buyers Agencys’ Winning Formula which is, Right property + Time + Renovation = Great Investment Property
When all of these factors come together you get a truely great investment property, offering not only capital growth, but strong rental returns and also tax depreciation benefits as well.
Here are some Fast Facts about this Property:
3 Bed / 1 Bath / 1 Car
3 Bed / 2 Bath / 2 Car
Post Renovation Appraisal:
$680,000 (conservative assessment)
Rental pre renovation:
$380-410 with likely 2-3 weeks of down time
Rental post renovation:
$605 rented at the first inspection
This is a great outcome and shows you what happens when you buy with a plan, and follow through the plan. these clients are now gearing up to purchase again using the equity created from this property as deposit to grow their portfolio.
If you want to put a plan in place for your portfolio call 07) 3170 3760 or email firstname.lastname@example.org to have a strategy session arranged.