Matthew & Andrea's Journey
After being referred by one of our clients, Matthew and Andrea needed help to develop a property portfolio that would take them into retirement and beyond.
BRIEF
- SMSF Investor - with a limited budget and in need to cash-flow to pay down the debt on the property leading into retirement, the search began in a highly desirable regional location of Ballarat with a successful purchase of a property on behalf of our clients.
OUTCOME
- Negotiated price: Within price range
- Secured: Within budget, in the desired location and with an existing tenant at $280 per week rent (5.5% yield).
- Identified: $1,000 in hidden property repairs during due diligence
- Settlement outcome : All repairs were attended to by the vendor, due to the strict contract clauses we used.
CASE STUDY
Bought 2014 $265,000
Sold 2022 $485,000
Capital growth 83% in 8 years
TESTIMONIAL
10/10 Miriam helped us buy our first investment property in Ballarat in 2014. She was very professional and made the whole process easy and stress free. She put us in touch with the whole team we needed to successfully buy and manage our A grade property. Her expertise shone through and now eight years later and we have enjoyed 83% capital growth, which is a fantastic outcome, and we are thrilled. Highly recommended for anyone who is a first- or multiple-time investor. Thanks so much Miriam.
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