Congratulations to our latest Albury purchasers, Marion & Paul.
Having purchased 3 properties previously and earned a significant increase in value from those properties for Marion & Paul looked to engage our Buyer Advocate services again to help them. They wanted a property that provided both growth and yield.
Investor - The property needed to provide ongoing, long term capital growth with a high level of yield. The property had to be a desirable rental option to maximise rent return and minimise potential vacancies.
Property Mavens identified a location that matched their specific requirements and sourced a property that suited their brief and budget. We were then able to negotiate successfully to purchase the property for a price well within the available budget. With our specific local market knowledge and our superior negotiation skills, we were able to secure the property for $55,000 less than what a more inferior property recently sold for.
Purchased: On market, under budget. $55,000 less than an inferior property in an inferior location.
Secured: Private negotiation, with no competition.
Identified: No building issues identified during the due diligence
Settlement outcome: Settled and leased prior to settlement.
Bought March 2023: $590,000
Current Value May 2023: $670,000
Capital Growth: bought under market value (12% uplift since purchase)
Rental Return: 4.84%
10/10 Anjay Zazulak was recommended by our bank manager to purchase an investment property. When we met Anjay it was obvious how rewarding it is for him to locate the perfect property for his clients. He found my husband & I that perfect property. When the time was right we decided to purchase another rental, so of course we contacted Anjay & sure enough after looking at two lovely homes we settled on one. We have no hesitation in recommending Anjay to locate the perfect family home or investment property for you. Marion & Paul
WANT TO BUY A PROPERTY SIMILAR TO THIS ONE?
As professional property buyers, we know the difference between a bad property and a good one and where to buy to generate the strongest return on your money.
If you would like help to identify an ' investment grade' property like this one, whether it’s a family home or an investment property and you’re ready to get started, click here to book a time to discuss your requirements.