Repeat Interstate Investors Secure Another High-Yield Gem
Client Brief:
- Target Yield/Rent on Purchase: Minimum 4.5%
- Location Preferences: QLD and WA (open to other states)
- Requirements: Metro areas only, brick construction preferred, no renovations, low maintenance
- Budget: $650,000 – $950,000
The Challenge:
After a successful purchase 12 months ago that’s been performing exceptionally well, these clients returned to expand their portfolio with another high-yield investment. Their criteria focused on securing a metro property with low maintenance, solid rental returns, and growth potential.
The Result (Found in Just 4 Days):
- Property: 4 Bed, 2 Bath, 2 Car
- Land Size: 609m²
- Purchase Price: $860,000
- Yield: Over 5%
- Projected Growth (1st Year): 12%
Property Features:
- Welcoming double security-door entrance
- Spacious bedrooms with robe recesses in the 2nd and 3rd rooms
- Family bathroom with separate bath and shower, plus an additional toilet off the laundry
- Entertainer’s delight with a pitched A-frame rear patio
- Ducted, zoned air-conditioning for year-round comfort
- Efficient gas hot-water system
- Rear garden shed and neatly kept front and back lawns
- Double lock-up garage with side-access gate
This property is a fantastic addition to their portfolio, exceeding the required yield and projected to deliver strong growth. It offers everything they wanted—low maintenance, high returns, and a prime metro location—making it an ideal choice for their investment strategy.
