Purchased Investment Property Sydney - Buyers Agent Sydney

Property Type: 2 bedroom townhouse

Property Location: Bellevue Folkestone Pde, Botany

Buyer’s Scenario

Our repeat client was looking to use the equity they had from our first purchase for them, to start an investment portfolio.

Their budget only allowed them to purchase a one-bedroom apartment in their preferred beach location.

So, we scoured fringe, up-and-coming locations that would offer more potential growth.

Buyers Agent’s Solution

We uncovered an Off-Market townhouse, that was immediately rentable and the value-add potential was plainly obvious also.

With many tenants now working from home, the three-level townhouse offered an abundance of space and rooms, which helped attract a high yield.

Our client immediately fell in love with it, and with the vendor needing a quick sale, we swiftly negotiated preferential purchase price that represented a yield of 4.6%.

Our client is really happy to be taking control of their financial future and are looking forward to further growing their investment portfolio.