The Brief
The strategy was to purchase an investment property in a growth corridor with low rental vacancy within the Sydney metropolitan area. Other requirements- prefer existing tenant, showing a good rental yield, low maintenance block, walking distance to transport links and town centre.
The Outcome
We located and successfully negotiated a reduced price for an apartment which had a long-standing tenant. The apartments proximity to the under construction 2nd airport was key in the decision making process. The airport is forecast to bring jobs and additional infrastructure to the area.