Abel and Melissa came to us looking for a versatile investment property that could give them options down the track.
With a tight budget, we knew quality options would be limited, and competition would be strong.
We found a property on almost 1,000sqm of land with a well-maintained home and a large backyard offering multiple possibilities, including wide rear access. Adding a granny flat or pursuing a subdivision (STCA) were both on the table, and this property had the potential to deliver either.
The home had been lived in by the same owners for 20 years. It was immaculate throughout, from the garden to the kitchen and every room in between.
For under $625,000, we secured this investment for Abel and Melissa, delivering a 5% rental yield from day one.