Granny Flat eligible, 3 Bed House With Rear Lane Access | Newcastle

Turn key house with Granny Flat Potential - Budget: $850k

The Brief:

  • Foundational asset in a high growth location
  • Granny Flat Eligible
  • Flexibility to manufacture equity and yields in the future 
  • Budget $800k

The Client: AJ is a busy professional and business owner, who is looking to start and scale his property portfolio.

Why They Appointed A Buyers Agent:

AJ was looking for guidance around portfolio planning, location and asset selection.  As it’s his first investment property, he understood that getting the first property right to scale the portfolio is essential.  AJ is a busy professional, he didn’t have the time to conduct sufficient  research and search for property. 

The Outcome:

Acquired a free standing house pre auction for $790k in a location growing at 8.45% p.a. 

  • 3 bed | 1 bath | 1 car
  • 575m2 
  • 15 minutes to Newcastle CBD & beaches
  • Rear lane access - ideal for the granny flat AJ will build, unlocking a yield of 7.1%

We’re currently working with AJ to find property #2! 

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