Eileen and Nic came to us with a clear brief: find a high yielding investment property. We knew from the start it wouldn’t be easy, given the yield targets and budget constraints, but we were up for the challenge.
After weeks of analysing different markets and digging through opportunities, we came across a standout property, a house with a granny flat. While it was under a single lease, the rent return was equivalent to having both dwellings rented separately, which made the numbers stack up nicely.
Even better, the existing tenant had just signed on for another 12 months, giving Eileen and Nic immediate rental security.
The vendor had strong price expectations and negotiations were tough, but we pushed hard and secured the property with favourable terms. It ticked all the boxes and delivered on the brief – a great result for Eileen and Nic.
