
We sourced this promising unit for QLD based client new to interstate investing that only had a budget of $300K:
📍ADELAIDE, SA - 2 Bed 1 Bath Medium Density Unit
⚜️ Off Market Purchase for $290,000 (June 2024)
⚜️Purchased $30k-$49K Under Market Value
⚜️ Revalued December 2024 at $390K
⚜️ $100,000 / 34% Growth in 6 months!
⚜️ 7.71% Yield - Weekly rent of $430 week
On the day of settlement, comparable sales increased to $350,000!
This means equity of $60,000 on first day of ownership!
Client wanted a property which had value add potential with the opportunity to do a cosmetic renovation for further manufactured equity.
CLIENT STORY:
This client was new to interstate investing and didn't know where or what to buy as they had a limited budget of $330K. Through a recommendation by one of our existing clients, they decided to use The Property Arena - an experienced buyer's agency to provide them with a complete "end to end" service - this minimised their stress and allowed them (at a small budget) to enter into another state's market with confidence and buying into a high yielding & under market value property!
Book your FREE 20-minute strategy session now, and let’s put you on the path to building wealth in property. This call is reserved for SERIOUS INVESTORS only.
Book Now 👉 https://home.thepropertyarena.com.au/initial-consult



