"..I am very happy with the result... "
Location: Western Suburbs
Buyer type: Investor
Buyer's Brief: Granny flat, positive cash flow strategy
I engaged Stewart to find me the best return and lowest starting point, my budget was $250,000 for the house and I was amazed to find a 3 bedroom home that was renovated for just under that. It had tenants paying $320 per week and I then added a 1 bedroom flat which took about 8 weeks to build. Recently the bank valued the house at $280,000 so I am very happy with the result
“My budget was $250,000…amazed to find a 3 bedroom home that was renovated for just under that.”
Paula had a background in the construction industry and understood the area after flying to Sydney from Victoria. We found a renovated 3 bedroom home on a 620m2 block that had great tenants – a 1 bedroom flat has now been completed and leased. This property was never advertised for sale.