Alice & Simon #2
Alice and Simon were seeking to purchase three properties to establish their property portfolio.
BRIEF
- Investor - After determining a capital growth strategy, the minimum yield required and working to a strict budget, commenced searching and purchased a property for our clients in a high performing in the Melbourne suburb of Ascot Vale
OUTCOME
- Negotiated price: below budget
- Secured: before auction and against strong competition
- Identified: no identified issues of concern during due diligence period
- Settlement outcome: Settled with tenants secured beforehand
RETURNS
Bought Jul 2015: $ 890,000
Value Oct 2017: $ 1,250,000 **
Capital Growth : 28% return in 30 months
** Alice and Simon can now buy an 4th investment property with their capital gain.
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.
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