bekker-bedroom2-2 bekker-kitchen-2 bekker-living-2 bekker-outdoor-2
bekker-bedroom2-2 bekker-kitchen-2 bekker-living-2 bekker-outdoor-2

This one came with a story. Current tenants were not being cooperative and putting downward pressure on the price. With some clever contract conditions and the help of our very knowledgeable Property Manager to protect our buyer we sealed the deal at well below market value. A neat, low maintenance property for under $500K with growth prospects and good cash flow. This is property number 2 for these clients.

  • $485,000

    Purchase Price

  • $875,000

    Current Value Price

    $487,000

    Equity Growth

  • $400

    Starting Rent

    $650

    Market Rent

  • 613 sqm

    Land Size

  • $388,000

    Purchase Debt (80% Loan)

    8.71%

    Return on Debt

  • 1%

    Vacancy Rate

  • 4

    Beds

  • 2

    Baths

  • 2

    Cars

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