16 Jul Sourced by Sound case study
Posted at 14:19h
in Education
North Toowoomba, QLD
4 x 4 Bed | 2.5 Bath | 1 Car – Whole block of townhouses
Investor Brief and Strategy:
Discounted residential investment with multiple income streams circa $1.2m
Investment Details:
- $1,250,000 negotiated
- Appraised value of $1,400,000
- Built in 2015 by reputable builder
- Fully tenanted with 5.8% yield
- Rental increases achievable in next 6-12 months
- Walking distance to amenities including train station
- Convenient location close to the CBD and all main roads
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – low at 2%
- Rental Change – 4.5% (past 12mth)
- Capital Growth – 8.66% p.a (average past 15 years)
What we liked:
“Below value, recently built townhouse complex within walking distance to a major regional CBD. Fully tenanted with high yields and proven long-term growth rates”
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