Client’s 2nd IP within 6 months , 3rd one ready to go!
House :4-2-2
Purchase Price**: $553000
Rent $650 per week
Rental Yield**: 6.2%
Strategy**: Buy and Hold
Asset Class**: High quality
Off-Market Deal**: Not listed on realestate.com or Domain
Comparables**: $600000
Vacancy Rate**: Extremely low 0.4%
Maintenance**: Low
Location**: next to Park, Family-friendly suburbs close to all amenities , no stock
high end finish