Residential Purchase – Park Ridge

Purpose of Purchase: Investors 

Property Type: House (5 Beds + 3 Baths + 2 Car Park)

Property Size: 400

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