Client Deal- House and future land to build

About the client: Newly married couple who wanted to venture into low-cost property
Investment assets with a future potential to subdivide, sell the land or build.

  • Strategy: Positive cash flow, capital growth and future development opportunity.
  • Location: Tasmania- 400 meters to the Lake.
  • Land size: 825m2

Let’s talk numbers:

  • Purchase price: $300K
  • Weekly rental return: $320
  • Rental yield: 5.5%
  • Vacancy rate: 0.95%
    The young couple is now saving to raise money for a deposit to build a house and subdivide.