As a first-time investor, our client was eager to build a strong foundation with their first purchase – to secure a low-maintenance investment property in a growth area, with reliable rental income.
The initial purchase journey began with a promising property at $520,000 in Muswellbrook. Unfortunately, the deal collapsed after the pest and building inspection uncovered significant issues, an important reminder that due diligence is crucial when investing. While disappointing, it reinforced the client’s strategy to avoid hidden risks and focus on secure, sustainable investments.
Through our local agent network, we identified an off-market opportunity: a well-maintained 3-bedroom property on a generous 724m² block. The property already had tenants in place, paying $600 per week, ensuring the client would enjoy immediate rental returns from settlement day.
By leveraging relationships with local agents, we were able to secure the property before it hit the open market, removing buyer competition. This not only provided peace of mind after the earlier setback, but also positioned the client with a secure asset generating consistent income.
The client is now the proud owner of a tenanted 3-bedroom investment property in Muswellbrook, secured off-market with immediate returns. What could have been a discouraging start turned into a confident first step into property investment – backed by strong rental yield and long-term growth potential.
