Cassandra & Craig
Cassandra & Craig wanted to buy an income driven investment grade property.
- Investor - Yield/Income driven investment property to generate a passive income and sell for profit in 5 – 10 years to recoup tax losses
- Negotiated price: market value
- Secured: private sale in a popular residential pocket close to amenities
- Identified: no items of concern presented during due diligence period
- Settlement outcome: The property settled with tenants secured soon after.
- Bought Feb 2014: $215,500
- Value Feb 2015 : $224,000
- Capital Growth : 4.7% over 12 months
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