Gillian & Craig

Congratulations to our latest Albury purchasers, Gillian & Craig.

Gillian & Craig were looking for a property to add to their investment portfolio. We had been given a budget of $800,000 to find a property that was good for capital growth and also provided at least a 4% rental return. We identified a property that had been newly completed and not sold it as was above our initial budget and was suitable for what we were after, offering lower maintenance and a great set-and-forget option, which we managed to secure $65,000 below the initial asking price.

BRIEF

Investor - The property needed to provide ongoing, long-term capital growth with a moderate yield and low maintenance. It is a set-and-forget option.  

OUTCOME

Purchased:         On Market

Secured:             On Market with no competition

Identified:           No issues presented during the due diligence process

Settlement outcome: Settled

 

Returns –

Bought (Feb 2024):                 $765,000
Current Value (2024):            $820,000  
Rental Return:                            5.1%

 

WANT TO BUY A PROPERTY SIMILAR TO THIS ONE?

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