The Project:

S & G were interstate investors looking for a property within 15km of the CBD with long-term growth potential.  Their budget was up to $650k with a rental yield greater than 4%.

The Property:

The property we purchased, a fully renovated home in a popular suburb, was right at the top of their budget, but one of the tidiest examples on the market in that area.  The main feature; a covered outdoor entertaining area complete with ceiling fans providing fantastic indoor/outdoor flow from the kitchen and dining room.  With all the work already done, this will be a hands-off investment and a popular rental while the capital value grows.

The Numbers:

  • Listing Price: $675,000
  • Purchase Price: $650,000
  • Current/Estimated Rental:  $530pw

Client comments

“Thank you for the very professional service. Now we are in the hands of Property Zest Rentals who have already got tenants lined up to inspect. Great service.”