- Purchase: $515,000 in June 2023
- Valuation in Jan 2024: $565,000
- ROI: $50,000 equity gain in 7 months
We secured this great low set brick and tile investment in one of Regional NSW’s largest cities.
Our client who was referred to us by a past client, came to us looking for guidance on strategy, location and advice on buying the right asset type.
After evaluating both on and off market opportunities, we found this well positioned home on market and were able to successfully negotiate a price within our client’s budget. By teaming up with a reputable local property manager, we also ensured a tenant was selected and approved by settlement.
This is an excellent result for this first time investor and a promising start to their portfolio.