📍 Location: Perth, Western Australia
🏠 Property Type: 1 Bed, 1 Bath, 1 Car apartment
💰 Initial Investment: $395,000
📈 Current Valuation: $455,000
We assisted a client in acquiring a competitively priced recently completed 1 bed/1 bath/1 car apartment in a lifestyle location with convenient access to world-class amenity. Just 11 months after settlement, the property has achieved $60,000 growth, or 15% growth in less than a year!
With a long-term tenancy secured and an incredible rental yield of 7.9%, our client experienced an immediate boost in their weekly cash flow. This was the first investment property purchase for this client, this surplus can be used to bolster their financial buffer, mortgage payments, or serve as capital towards another high-yield property in a high-growth, high-yield market.
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