Our Success

Purpose of Purchase: Expat – Repeat Investor Client
Property Type: Lowset brick home on a large 600m2 block of land
Budget：Below $500,000
Purchase Price: $420,000
Purchased on: Jan 2021
Yield and rental info: 
Vacant on purchase but we secured a tenant for him within two weeks after settlement.
Leased at $480/week
Rental yield on purchase of 5.9%
Based on last year of sales, Birkdale has translated to a 32.5% capital gain.

How this purchase met the clients brief:

• Under client’s budget
• Good growth area with reasonable rental yield
• Close to public transport

This client residing in HK asked us to look for a good location that will appreciate in value and decent rental yield property. He is willing  to contribute minor renovation on the property to make it more attractive for long term tenants.
We bought this 3 bedroom home under his budget and was well under market value. We helped him with all the renovation it needed.
The property is situated within walking distance to train station, parks and shops.