Interstate Investment Buyers seeking Land Banking
Client Type: Interstate Investors
Service: Search > Assess > Negotiate
Suburb: Para Hills
Purchase Price: $365,000
Property: 3 Bed Home on Large Block
Land Size: 1030sqm
Weekly Rental: $400pw
Rental Yield: 5.33%
These clients came to us looking to purchase an investment, with the view to purchase in an area with strong capital growth, bank the land for future use and rent the property over the next number of years for income.⠀ ⠀
We love a good brief and clients that have not only reasonable and achievable expectations, but are ready to go and action when the right property becomes available. ⠀ ⠀
Our Buyer’s Agent team got to searching and within very little time, found a great property on 1030sqm in Para Hills. Para Hills is a residential suburb approximately 14.5 North of the CBD. From Para Hills you can get to the city, the beaches or the hills easily. It has local shops, schools, parks and more. This property was located in one of the better pockets of Para Hills. We assessed the home and presented it to our clients
Swift negotiations meant the home was secured well within budget. We were also able to arrange a renovation of the home, to freshen it up and have it more tenant ready, increasing the market value of the home and achievable rental return. The works including air-conditioning, flooring and bathroom were conducted in the fortnight after settlement and have made a huge difference to the home overall. ⚒️⠀ ⠀
As soon as the property was ready to be marketed and shown for lease, we had professional photography booked in and the property launched. On its first open we had 16 different groups through and received several quality applications and offers. We found our client the perfect tenant and achieved a rental value beyond our client’s expectations with very little vacancy to boot! 👏🏻⠀
Our clients are achieving a high rental yield whilst the land value appreciates in an up and coming suburb.⠀
Whatever the brief, our team loves getting stuck in and finding the right property for you and your situation.
Very happy!!
We recently purchased an investment property in Adelaide through the team at NPB Adelaide. Not being able to view the property being in Victoria in lockdown during Covid-19 Katherine, Milanka and Kate were exactly the sort of team we were looking for.
From the first encounter with Katherine we had instant trust and positivity Katherine was the right fit. Communication and the service we have been provided between Katherine, Milanka and Kate have been exceptional throughout the whole process, along with their professional expertise and guidance. The turnaround was so prompt and smooth from finding the right property to suit our needs, negotiating and purchase, renovation of the property and then leasing. The team has a wealth of knowledge, we were always informed of the progress which made us feel at ease through the whole process from afar.
We have had a very positive experience with National Property Buyers and highly recommend Katherine, Milanka and Kate. Thank you!
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