📍 Location: Port Adelaide, South Australia
🏠 Property Type: 2 Bed, 2 Bath, 1 Car Townhouse
📅 Purchase Date: April 2020
💰 Initial Investment: $481,900
📈 Current Valuation: $800,000
Our valued client added to their already impressive portfolio by acquiring a townhouse in Port Adelaide in April 2020, investing $481,900. Today, the property’s value stands at $800,000. This reflects a substantial growth of approximately 66% in just 3 years, illustrating the potential of carefully chosen property investments.
Beyond capital growth, the property also ticks all the boxes for rental returns. The current yields, achieved through corporate letting are noteworthy:
Gross Yield: 13%
Net Yield: 10%
Strong rental returns play a pivotal role in a balanced investment strategy. They offer immediate financial benefits, risk mitigation, and the potential for long-term wealth creation, making them a critical consideration for investors seeking both stability and growth in their property portfolios.
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