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.