Client Deal- House and future land to build
About The Client
- Newly married couple who wanted to venture into low-cost property Investment assets with a future potential to subdivide, sell the land or build.
- Strategy: Positive cash flow, capital growth, and future development opportunity.
- Location: Tasmania- 400 meters to the Lake.
- Land size: 825m2
Let’s talk numbers-
- Purchase price: $300K
- Weekly rental return: $320
- Rental yield: 5.5%
- Vacancy rate: 0.95%
The young couple is now saving to raise money for a deposit to build a house and subdivide.
Purchase price: $300K
Weekly rental return: $320
Rental yield: 5.5%
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+61 431 577 620
3 Darren Ct, Glenwood NSW 2768, Australia