Adam & Gina
Adam & Gina's objective was to find an investment grade property in line with their budget.
BRIEF
- Investor - After determining a capital growth driven investment property to generate equity over the longer term and working with a strict budget, searching commenced for an investment within 10 kms of Melbourne CBD, Bought the perfect property that met the client brief in the inner suburb of Moonee Ponds.
OUTCOME
- Negotiated price: Under budget
- Secured: Off market and in a popular residential pocket close to amenities
- Identified: No items of concern presented during due diligence period
- Settlement outcome: Settled tenanted
RETURNS
- Bought May 2016 : $951,000
- Value June 2017 : $1,050,000 - $1,075,000
- Capital Growth : up to 13% capital growth in 15 months
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