Blacktown - Sydney
The benefits of having a Buyer’s Agent on your side
Positively Geared….a 6.79% Rental return, and nothing else to spend
Solid Rental Return
A very tidy recently renovated unit, ready to rent, what sort of return could we achieve?
Applying the Encompass Investment Solutions formulas, we found the opportunity and saw the potential
The Team at Encompass Investment Solutions were able to negotiate the Purchase through private treaty of a recently renovated 2 bedroom Unit in Blacktown at a below Market Value of $268,000.00
This Unit was a great buy, not a dollar extra to spend to see it on the rental market. Listing it with a local agent, it was leased within days at $350.00 per week.
5 Months after the initial purchase, the property was revalued at $300,000.00
All up a 6.79% rental return
and a 10% increase in equity
all within 5 months…