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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