This amazing property was purchased in QLD for Melbourne based clients. They are busy professionals and a highly motivated first-time property investors. They have received conflicting advice from friends and also off the plan selling companies to purchase brand new. However, they chose the path to purchase an established property for the longer term.
It’s a 2 bed, 1 bath and 1 car spaces’ unit in a boutique block of 6 units. It’s located around 13 minutes’ drive from the CBD. The market rent is $420 per week.
Here is what they purchased as part of the Property Twins Buyers Agency
✅ $485,000 purchase
✅ 4.5%+ rental yield
✅ Boutique block of 6 units
✅ 8.9km to the CBD
✅ Strategy: Capital Growth
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