Kieran & Melissa SMSF
Congratulations to our latest Albury purchasers, Kieran and Melissa.
Kieran and Melissa had a significant amount in their Super Fund and were looking to engage in our Buyer Advocate services to help them with the next two investment property purchases for their SMSF. They were looking for a property that was going to provide long term growth but also a good yield as well.
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: Off Market and $20k under asking price and under budget
Secured: Private negotiation, Off Market with no competition
Identified: No issues presented during the due diligence process
Settlement outcome: Settled
Returns –
Bought (July) 2023: $530,000
Current Value 2024: $570,000
Rental Return: 5.4%
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