[DEAL] SA Purchase: 3 + 1 on 600+sqm Future Development & Growth Potential | Property Twins™
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In: Property Investors0

Client Background: Isaac is a corporate professional. He purchased his first home a couple of years ago and was looking to start his investment property journey.

What was important to him:

The end goal was to work towards financial independence so he can pursue his personal goals & passion to start a business. Retirement alone wasn’t the focus, but more so the freedom to make choices.

His key goals for the property search were to:

  1. Spot property deals that gives him cash flow and capital growth
  2. Avoid expensive mistakes in property
  3. Learn the ropes so Isaac can rinse and repeat the process by putting his savings & equity to good use

Isaac bought a 3-bed house on a 600sqm block in South Australia. The property can be developed in the future. It’s located in a well-established owner-occupied suburb – close to a high-ranking school, minutes’ drive to a major shopping centre and a transportation hup with park & go complex, near bus and approx. 17.8km from Adelaide CBD.


Here is what he purchased as part of the Property Investors Academy

Rental Yield: 4.16%
Property Type: 3-bedroom house, 1 bath on 600+ sqm in South Australia
Purchase Price: $587,500
Rent: $470 per week
Vacancy Rate (Current): 0.3%
Strategy: Capital Growth

Current Value: $620,000
Capital Growth: $32,500 in 5 months

Metro / Regional: Metro, 17.8 km / 29 minutes’ drive from the CBD
Renovation Required: Can do a lift up and was rented as is

Due Diligence Completed:

  • Leveraged qualitative & quantitative factors to determine location, type of property, cash flow and risk-based analysis to zero in on the right property.
  • Discarded lemon deals presenting hazards and high risk (avoiding key mistakes)

To Get Started: Schedule A Chat with the Property Twins Team
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