Client 3

    Client 3

     

      PURCHASE DATE: March 2014

     PROPERTY TYPE: Existing older house style

    LOCATION: Stafford, Brisbane, QLD

    PURCHASE PRICE: $450,000

    CURRENT VALUE: $585,000

    RENOVATION COST: $30,000

    RENTAL YIELD: 4.25%

    30% growth in under 4 years

    Young couple late 20’s first timer investing and wanted to create some extra equity for their next Dual Purchase strategy.

    AllianceCorp helped them select a genuine value add renovation property in a suburb that was about to experience a mini boom in prices due to location and large blocks and demand for modernized housing.

    (source: corelogic RP Data)

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