Manish and Sweta
Mansih and Sweta's objective was to find an investment grade property in line with their budget.
BRIEF
- Investor - After determining a capital growth driven strategy to generate equity over the longer term and working with a strict budget, searching commenced for an investment property within 9 - 12 kms of CBD. As a buyer advocate we were able to find the property that met their brief in the suburb of Footscray buying on their behalf at auction.
OUTCOME
- Negotiated: bought at auction under strong competition
- Secured: In a sought after residential pocket close to amenities
- Identified: Overall the property was in good condition
- Settlement outcome: Settled
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RETURNS
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Bought Jul 2016: $ 823,000
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Value Oct 2017: $ 1,0250,000
- Capital Growth : 24.5% increase in 15 months
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