Savvy Investment Purchase Achieving $250,000 In Equity Upon Settlement!

The Brief

Our astute investors entrusted us to source their very first investment property. Working with a tight budget, it was imperative they purchased right to set the foundation for their growing portfolio.

 

The Outcome

We purchased this brand-new property within close proximity to the city -completely off market. Buying brand new allows the client to receive full tax depreciation benefits throughout their ownership. 

By the time the property settled, it had achieved $250,000 in growth during the construction stage! Since settlement, the property has grown by 40%p/a year on year. 

Purchased $500,000
Rent upon settlement $700p/wk
Current Value $900,000 ($400,000 growth in 2 years)

 
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First Time Investor Achieves Above 5% Yield and 19% Growth In Under 12 Months Of Ownership

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