Adam & Margo

Congratulations to our latest Albury purchasers, Adam & Margo.

Adam & Margo had a significant amount in their Super Fund and were looking to engage in our Buyer Advocate services to help them with their next investment property purchase for their SMSF. They were looking for a property that was going to provide long term growth but also a good yield as well. We found this property that had not sold at auction and managed to pick up post auction for more than $60k over the initial ask.

BRIEF

Investor/SMSF - The property needed to provide ongoing, long term capital growth with a moderate yield as was for a Super Fund. The property had to be a desirable rental option to maximize rent return and minimize potential vacancies. They preferred something that was already renovated or near newish where possible

OUTCOME

Purchased:         On Market and purchased post auction and $60-80k under auction guide and asking price and under budget

Secured:             Private negotiation post auction

Identified:           No issues presented during the due diligence process

Settlement outcome: Settled

Returns –

Bought (August) 2023:            $467,500  
Current Value 2023:                 $550,000     
Rental Return:                             5.9%

WANT TO BUY A PROPERTY SIMILAR TO THIS ONE?

As professional property buyers we know the difference between a bad property and a good one and where to buy to generate the strongest return on your money. 

If you would like help to identify an ' investment grade' property like this one,  whether it’s a family home or an investment property and you’re ready to get started, click here to book a time to discuss your requirements.

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