Capital City Investment Property - $525k

Capital City Investment Property - $525k

The Brief

Capital city investment property under $600k.

Target rental yield of 4.2%

The Client:
AJ runs his own IT consulting business. This is the third property we’ve secured for him as part of his plan to achieve early retirement and $300k p.a. in passive income for his family.

Why He Appointed a Buyer’s Agent:
As a business owner, AJ doesn’t have the time to manage strategy, research, due diligence, and negotiation. He’s also aware of gaps in his property knowledge and prefers to work with an expert team to avoid costly mistakes and fast-track his goals.

The Outcome:

  • Secured a free-standing house on 320sqm, within 40 minutes of Melbourne CBD.
  • Purchased for $535k in March and revalued at $610k - delivering $75k in equity and 15% growth in just a few months.
  • Located in a major growth corridor absorbing much of Melbourne’s forecast 53% population growth.
  • Situated on a quiet street with 75% owner occupiers.

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