Malcolm & Lizzie
Congratulations to our latest Albury purchasers, Malcolm & Lizzie.
Malcolm and Lizzie were looking for a property to add to their investment portfolio. Initially we had been looking at something around the $600k range though we had identified a number of issues with it so decided not to proceed with the purchase. I had come across another property off market that was more suitable and lower maintenance and a great set and forget option which we managed to secure under the initial ask.
BRIEF
Investor - The property needed to provide ongoing, long term capital growth with a moderate yield and low maintenance. Is a set and forget option.
OUTCOME
Purchased: Off Market
Secured: Off Market with no competition
Identified: No issues presented during the due diligence process
Settlement outcome: Settled
Returns –
Bought (July) 2023: $495,000
Current Value 2024: $525,000
Rental Return: 5%
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.
It’s 100% obligation free