Lisa & Huan
Lisa & Huan were looking for a property to add to their investment portfolio. We initially had a budget of $1,100,000 to spend on a capital growth-driven property. I had been monitoring a property that had been above our initial budget and was suitable for what we were looking for. It offered low maintenance and a great set-and-forget option, which we managed to secure well 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 no competition
Identified: No issues presented during the due diligence process
Settlement outcome: Settled
Returns
• Bought (Dec 2023): $1,035,888
• Current Value (2024): $1,090,000
• Rental Return: 4.27
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