Purpose of Purchase: Investor
Property Type: Two by two bedroom homes situated on one title. Walking distance to the waterfront, beaches and cafes and returning a great rental yield.
- Client returning overseas for a few years- was after a growth suburb with good income
- This was OFF MARKET purchase returning 6% Yield on purchase
- Good growth suburb and rental from two properties
This was bought OFF MARKET for an interstate investor returning overseas for a few years. They asked for a low key investment with good returns.
This property consists of 2 x 2 bedroom flats, both in good condition.
We had a second water meter installed along with a second electricity usage meter to rear flat so they are both now individually invoiced.
The property is situated within 350mts walk to the waterfront with some of the peninsulas best beaches. The local cafes/shops and schools are also within a short walk.