This amazing property was purchased by our Sydney based Property Investors Academy students in South Australia.
🏡 Property Details:
- 3 bedrooms, 1 bathroom, and 3 car spaces
- Situated on a spacious 704sqm corner block
- Conveniently located just a 34-minute drive from Adelaide CBD
- Current market rent of $470 per week
Here is what they purchased as part of the Property Twins Investors Academy
Key Highlights:
✅ Purchase Price: $535,000
✅ Impressive rental yield of 4.56%
✅ Expansive 704sqm block
✅ Just 27.3km away from the CBD
✅ Strategy: Focused on Capital Growth
Unlike their previous experiences with brand-new off the plan house and land packages, our clients have observed the value of this property appreciating much faster. This is primarily because brand-new properties often come with a premium price tag, taking up to a decade to catch up in value.
This property also offers them to be able to build multiple dwellings on the block (subject to council approval) and therefore being able to generate multiple income streams.
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