Hendra

Residential Purchase – Hendra

Purpose of Purchase: Owner occupier
Property Type: Double-storey House (5 Beds + 3 Baths + 2 Car Parks)

Land Size: 508m²

Budget：$2,000,000
Purchase Price: $1,860,000
Purchased on: March 2023
Yield and rental info:

• Medium 5 bedder house price on the same street over $2M
• Potential rent is between $1400-1500/wk 

Property Feature:

• Quality built highset on the corner block with wide frontage 
• High ceiling with ducted aircon throughout, 4 separate living space, 6kw solar panels
• Decent and quiet neighborhood who look after their community, new-built and renovated home worth between $1.8M – $4M

Client Background:

• Local home buyers been looking for their family home for a long time, worried about paying over priced 

The clients were happy to get their dream home well below their budget, where similar houses nearby were sold between $2M-$3M.