Suburb: Hove, South Australia
Client Type: SMSF investor
Service: Search > Assess > Negotiate
Purchase Price: $515,000
Property: 3 bed, 2 bath Townhouse
Agent Listing: three60 Property Group
Scenario: Our client wanted to purchase a property using his Self Managed Super Fund. To purchase a property through your SMSF you can either have enough money in your super or you can borrow f rom your bank. Ideally, a property purchased through your SMSF should be neutral or positively geared. We recommend you speak to an expert before making any decisions.
Our SMSF purchaser had a budget of $530k and very specific requirements of a set and forget property with minimal outgoings while being in the Brighton High School Zone.
Property: We found our client the ideal property. A new 3 bedroom, 2 bathroom home close to the beach, public transport and within the sought after Brighton High School Zone
Purchase: We managed to secure a private inspection for my client on a Tuesday afternoon with negotiations commencing immediately. We ended up securing the property well within budget for a very happy client. With a strong rental yield of 5.2%, depreciation benefits and warranties that come along with a new home, this was the perfect fit as an investment for a SMSF purchase.
“Katherine was extremely professional, timely in responses, personal and easy to deal with.”
Let’s catch up and talk property!
Take advantage of our free, one hour consultation. We can discuss your property goals, the market and answer your questions.
Or not ready to chat then read more about our Buyer Advocate services.