Residential Purchase – Park Ridge
Purpose of Purchase: Investors
Property Type: House (5 Beds + 3 Baths + 2 Car Park)
Property Size: 400m²
Budget:$800k-850k
Purchase Price:$847,000
Purchased on: August 2024
Yield and rental info:
- Estimated combined rent of $900+/wk, rental yield: 5.5%+
Property Feature:
- Dual living house in a peaceful neighbourhood
- Proximity to shops, park and amenities.
Client Background:
- First home investor looking for 10-20 year old house with flat block