Peter & Nicole SMSF

Congratulations to our latest Wodonga purchasers, Peter & Nicole.

Peter & Nicole had a significant amount in their Super Fund and were looking to engage in our Buyer Advocate services to help them with their next investment property purchase for their SMSF. They were looking for a property that was going to provide long-term growth but also a good yield as well that was lowish maintenance. We managed to secure this 4 bed 3 bathroom home that had previously been on the market for a while and as a result, we were able to pick it up well under its market value and just under our overall budget of $800k.

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 maximise rent return and minimise potential vacancies.  
They preferred something that was already renovated or near newish where possible.

OUTCOME

●    Purchased: On-Market and $100k under initial asking and guide price and under budget
●    Secured: On-market with no competition
●    Identified: No issues presented during the due diligence process
●    Settlement Outcome: Settled

Returns –

●    Bought (May 2024): $795,000
●    Current Value (2024): $880,000
●    Rental Return: 5.06%

 

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.

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