Client Property Profile
As Buyer’s Agents, the team at Erskine + Owen take great pride in finding the perfect property to fit every client’s specific requirements for an investment property. Here is a recent example of a property acquired for a client which is expected to provide both a solid rental income, and growth in equity.
Land: Fee Simple – 771 m2
Dwelling: 1970’s brick exterior, cedar trim, tile roof
Configuration: 4 bedrooms, 2 bathrooms, 2 toilets
Garage: Single plus room downstairs, double carport
Tenancy: Estimated rental range $600 to $630pw
Renovation: Rentable condition
The Properties Story
We were able to secure this property under the hammer at the bottom of the value range that we had determined for the property based on comparable recent sales. We liked the property because, while tenantable, it has potential to add value over time in updating décor, has great street appeal, and is located in a cul de sac so no through traffic and quiet, but within relatively easy access to the NW motorway.
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