Eastern Suburbs, Woollahra

Type of Property
House / Terrace

Reason for purchase:
Long Term Investment

Cost of renovation: $300,000

The estimated increase in rent:  $400 per week

Yield acheived on renovation spend 6.93% per annum

Client brief:

The clients were referred to us from their mortgage broker. They are ex-pats living in Dubai and were looking for an expert property manager to look after their property whilst they are living and working abroad. We assisted our clients with their renovation and secured tenants shortly after the renovation completed.