West Auckland suburb experiencing strong capital growth

This client wanted a property that had good strong capital growth potential over the short term and beyond. We agreed on particular suburbs that have shown through our research to be drivers of long-term sustainable price growth, and searching was focused in these areas.  We are currently working in a rapidly moving market. It took under a month from when we began searching to securing this property for our client.

Purchase price: $565k
Registered valuation: $590k
$25k of equity on purchase
809 s/m of land, 120 s/m dwelling

Good condition – ready to rent straight away.

Sherwood

Published on Monday, September 9th, 2013, under Examples, Residential

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