The Ideal Investment
Client Name:
Self Managed Super Fund (SMSF)
Client Occupation:
SMSF
Client Location:
Sydney, Australia
The Brief:
This client was looking to build his small portfolio and wanted a smart investment within 10km of Sydney's CBD - wanting to take advantage of the strong local economy for future capital growth. They also wanted assistance in placing a tenant into the property and essentially a set and forget scenario.
Purchase Reason:
Investment
Property Address:
Annandale, NSW
About The Property:
1 Bed / 1 Bath / 1 car - 55m2
Boutique block of only 5 loft-style townhouses on a wide leafy street in Annandale. Open plan lounge, dining and kitchen with large open and light filled loft bedroom. The existing house was sub-divided into 5 townhouses and the purchase was only a year after completion. Low strata levies and minimum caretaking required.
• 4km to Sydney CBD
• 1.3km (17min walk) to Stanmore station
• 1.8km (22min walk) to Rozelle light rail station
• 1min walk to bus service direct to Sydney CBD
• 1.6km to Sydney University and 3.1km to University of Technology Sydney
• 1.6km to Royal Prince Alfred hospital
• 2.7km (6min drive) to Broadway Shopping Centre
• 1min walk to shops and cafes
• 9mins to Central Station by bus
• 3 schools within 500m
• Enclosed courtyard and off-street parking
Purchase Price:
Withheld
Purchase Method:
Private Treaty
Rent:
$350/wk
Gross Rental Yield:
5.2%
Our Services:
• Detailed brief and confirmed requirements with a reverse brief to the client
• Identified key areas in Sydney Inner West that matched our client's brief requirements
• Presented research findings and suburb due-diligence with our recommendations
• Commenced search and viewed properties on behalf of our client
• Presented recommended properties with the key information; cash flow analysis and supporting data
• Negotiate purchase price on behalf of the client
• Liaised with the client's solicitor and mortgage broker on the transaction
• Worked with our client in finding the right Property Manager and tenants