Overview

  • Property located approximately an 1hr from Sydney CBD
  • The property was located at the front of a large block of land
  • Property purchased for $335,000, renovated & added an extra bathroom
  • New granny flat was built in approx. 10 weeks
  • Total spend was approx. $500,000 and the total rent is now $740 per week

 

 

Client Brief

  • Looking for a positive cash flow property investment
  • Wanted a multi-income property to buffer against rental vacancies
  • Had just over $500,000 to spend
  • Property had to be in area with a good history of capital growth