This amazing property was purchased for our Sydney based clients. They are a young family. They were looking to purchase a property in their SMSF. This was their first investment property.
It is a 3 bed, 1 bath, and 1 car garage property, with a land size of 622sqm.
The purchase was $565,000 and rental income of $470 per week. The strategy is capital growth in the mid to long term.
Here is what they purchased as part of the Property Twins Buyers Agency
Property Type: 3-bedroom house in South East Queensland
Purchase Price: $565,000
Rent: $470 per week
Rental Yield: 4.32%
Vacancy Rate (Current): 0.5%
Strategy: Capital Growth
Metro / Regional: Metro – 32.3 km / 36 minutes’ drive from the CBD
Renovation Required: No
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 Join Our Exclusive Facebook Community of 6,000+ Property Investors: Property Addicts Australia Join our Exclusive Search & Select The Right Property in 90 Days 5-Day challenge
Note: Please ensure you always seek specific specific credit, tax, financial, legal or investment advice. Property Twins' Blogs are not a substitute for personal and specific, taxation, financial, legal or investment advice
