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.
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