Randwick / Kingsford
Attributes: 2 bed 2 bath 1 LUG
Acquired Via: Off-Market Purchase
Gross Rental Yield: 4%
Time to Acquisition: 3 weeks
Our client was looking for an investment unit the Randwick / Kingsford area that would deliver solid capital growth and an above average rental yield. Through our networks we sourced this property and were the only parties to view it. Our client avoided the hassle of open inspections and auction competition via this off-market purchase process.
The time from our service engagement to contract exchange was a total of 3 weeks, making this both a lucrative and efficient purchase for our client. Did we mention this property was secured below market value also? Needless to say, a very happy repeat client was the result!