10% yield a requirement for this client

road frontage

Our clients were looking for a high yielding property, so we suggested considering a unique property type that would allow for a maximum rental return.

 

 

 

We purchased this 4 bedroom, 2 studio sleep outs, 2 bathroom property for $589K in Hamilton. The property was being rented on a room by room basis that now provides our client with a rental return of approximately $1165 per week, a yield of 10.28% yield.

On a full, freehold site, this easy care section is well suited for tenancy, and there is potential to add value to increase yield over time.

Published on Friday, April 22nd, 2016, under Examples, Residential

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