Alice & Simon #3
Alice and Simon were seeking to establish their property portfolio by purchasing three properties . They needed the 'right' buyers advocate with the knowledge and expertise to source and secure the right properties for them in Queensland.
- Investor - After determining a capital growth strategy, the minimum yield required and working to a strict budget, searching commenced in a high performing cluster of suburbs.
- Negotiated price: below budget
- Secured: at auction and against strong competition
- Identified: no identified issues of concern during due diligence period
- Settlement outcome: Settled with a tenant in place
- Bought July 2015 : $699,000
- Value August 2016 : $790,000
- Capital Growth : 13 % pa capital growth in 13 months
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