Newcastle Investment: $70k Gain in 13 Months

Off market
We helped our client purchase their Sydney family home a few years back and they turned to our team again to assist them with strategically growing their existing property portfolio. With assets in Sydney and Melbourne, we wanted to continue to diversify their holdings and decided on a growing pocket of Newcastle as a great option.
After assessing many options, we were presented with this off market property that has fantastic value upside via the addition of a street facing secondary dwelling.
We remain optimistic on the investment credentials of Newcastle and will continue placing our clients into quality pockets of the city.
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We secured a $4 million industrial asset in Newcastle for a long-standing client, delivering a 5% net yield that is set to rise to 6.5% after a market rent review in 2027. With a 10-year lease and a strong tenant covenant, it's a low-risk, set-and-forget investment.
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