Young Family Snags Property with $2400 Positive Cashflow in Solid Growth Zone
Ever wanted to build a portfolio that works for you, rather than you working for it?
But...
Not sure where to start or how to do it?
Well, that was the case for Phinu and Biby.
Just like any other young family, they’d always wanted to spend less time on their jobs and more quality time with their family.
They wanted to have the financial freedom they’d always yearned for.
And being a clever bunch, they knew exactly what the solution to their problem was.
However, without much experience in buying properties outside Sydney, they felt nervous dipping their toes into the pool.
It was too risky to try and ‘wing’ it - and could be costly, too!
So that’s when they came to us for help.
To build a scalable portfolio that is cash flow-positive, and will set them up for their next purchase, we found something for them with an awesome value proposition:
- Purchased for $350,000 (Circa $30k Under Market Value)
- 655m2 - future knockdown development potential
- 5.0% Gross Yield = approx $2400 cash flow-positive
- 77% Owner Occupier in Neighbourhood
- 0% Public Housing
- 0.7% Vacancy Rate
- Very well-maintained, high tenant-appeal
- 5-minute drive to Westfield, 30-min drive to CBD
The next person to become a master of their own lifestyle design could be you!
Want us to do the work for you and help you secure the right property to suit your strategy?
Book in a quick call now to see if our buyers agency can help you