Taringa

Residential Purchase – Taringa

Purpose of Purchase: Owner occupier

Property Type: Apartment (2 Beds + 2 Baths + 2 Car Park)

Property Size: 104 m²

Budget：$850,000 – $900,000
Purchase Price: $635,000
Purchased on: Oct 2022
Yield and rental info:

• Property value increased 10% within 8 months 
• Estimated gross rental yield is 5.5% if the landlord converts it into investment property

Property Feature:

• Located on the elevated position in a boutique complex of 8 units only with capturing leafy views
• 2 ensuite bedrooms have their own seperate balcony and the unit comes with two generous size car parks
• Few minutes to renowned school catchments, shopping center and parks

Client Background:

• Busy professional family, no time to search and inspect properties 
• Looking for a decent suburb with great school options and safe neighborhood
• Has a stable growing capital and rental potential if they decided to move out in future      

We did a comprehensive market analysis of recently sold / on the market properties and we secured this unique spacious apartment at an auction. Clients are very satisfied with the results.