Our client and his family, seasoned in DIY projects like a granny flat, are venturing into property development. They strategically chose this property to kickstart larger-scale investments and high-net-worth ventures. Their second property acquisition, backed by strong cash flow from their first investment, highlights their dedication to strategic growth.
We guided them through the acquisition process, ensuring they secured the ideal property to support their ambitions. Our expertise and personalized approach were key in helping them achieve their real estate goals and build lasting wealth.
Prime Location:
Purchased at $557k, this 706 sqm corner lot offers a promising yield of 5.13% and a rental income of $550 per week. The site can be retained and built next to it or dropped and built three units, a compelling opportunity for future growth.
Situated just 13 km from Perth CBD
Proximity to Amenities: Walking distance to playground, primary and secondary school, and parks.
Connectivity: Easy access to the city via direct access through major roads
The Growth Corridor:
High Demand: A demand-supply ratio of 61 indicates strong demand, with more buyers than available properties.
Quick Sales: Properties here spend less than 37 days on the market, down from 74 days previously.
Limited Supply: Stock on the market is less than 0.53%.
Rental Appeal: Renters comprise 22% of the population, with a vacancy rate under 0.28%.
Ready to Unlock Your Investment Potential?
Let’s connect if our client’s success story resonates with your aspirations for building wealth through strategic property investment. Whether you’re starting your investment journey or looking to expand your portfolio, our expertise can guide you towards creating significant generational wealth.
Don’t settle for less; choose a strategy that aligns with your goals. Peace out until the subsequent success story!
