A property investor?

As a property investor you probably want a high capital growth property with a great yield, delivered to you on a platter, done up and tenanted.  If only it were that easy, I hear you say.

Consider this.  In October 2010 we had a client brief to secure a property with a six percent plus yield, in one of the growth areas we recommend in Auckland (not South Auckland).  Four weeks later we had delivered a property with three bedrooms and a garage, on 700 square metres of flat land, in a good capital growth area within the specifications. Our team renovated it – paint, carpet, and building work. Total cost to the client including our fee and renovation work was approximately $300k. Registered value $330k – $340k. Rent $390 p/w. That’s a 6.7% gross yield.

Are we saying we can deliver exactly the same property in exactly the same time frame?  No.  What we are saying is that when we agree on a brief, we deliver on it. Why not chat to us about what we can do for you?   

What’s your brief?

Published on Tuesday, November 2nd, 2010, under Uncategorized, You are

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