Growing an Investor’s Portfolio
Suburb: Ingle Farm
Client Type: Investor
Service: Search > Assess > Negotiate
Budget: $400,000
Purchase Price: $381,000
Property: Renovated home
Rent: $385 per week
Rental Yield: 5.3%
We were contacted by experienced local investors who felt that their previous purchases were not quite achieving the results desired and wanted more in terms of capital growth and rental return. They were also time-poor and just didn’t have the time to do the research and legwork.
Our investors had a budget of $400,000 and they wanted a good-sized block in a projected high capital growth area, with value add potential. And the perfect opportunity came up in our search.
A recently fully renovated 3-bedroom home on 649sqm in Ingle Farm. The property had been renovated from top to bottom including kitchen and wet areas. It had all the mod cons that appealed to tenants including, solar panels, heating, cooling, lawn space and an undercover entertaining area. It would perform well in the rental market and achieve a good return.
There was nothing left for the purchasers to complete once theirs. However, if desired, there was an immediate opportunity to split the block and add an additional dwelling or sell the vacant land for $190,000 without affecting the current home.
This property was up for Private Sale, and Senior Buyer Advocate Katherine Skinner negotiated for it and secured it for a great price.
Purchases like this aren’t just about what is right today, it’s about considering what the purpose of the home is, for now, the future and making sure it is the right investment specific to our client’s strategy. 👩🏽🏫
And this little ripper hit the nail on the head.
We recently engaged Katherine from National Property Buyers to assist us with the purchase of our latest investment property. Although we had purchased alone previously, we felt we were not quite achieving the results we wanted in regards to rental return and capital growth.
After looking around and interviewing several buyers agents we were happy with the proposal from Katherine and decided to proceed with National Property Buyers.
Katherine was always very efficient and professional with her search and advise for each property that she inspected on our behalf. We were able to stand back or be involved as much as we felt comfortable.
The property that we purchased with Katherine’s advice was rented almost immediately and has exceed both rental return and capital growth expectations.
We would recommend Katherine and National Property Buyers to anyone looking for a high performing investment or owner occupier property. We will be sure to engage her services again for our next purchase.
Book a Complimentary Consultation
Let’s catch up and talk property!
Take advantage of our free 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.