80 Doorey.jpg

Client Name: 
Withheld

Client Occupation:
Legal Counsel

Client Location:
Abu Dhabi, UAE

The Brief: 
Our client is an Australian expat residing in Abu Dhabi, UAE. She engaged Milk Chocolate to assist in building her property portfolio with investment grade properties that provided high rental yield and capital growth. Prior to this purchase, we discovered and purchased a well-established apartment in Canberra, ACT which generates a gross rental yield of 5.86% for our client. This would therefore be our second investment grade property purchase for our client's property portfolio.

Purchase Reason:
Investment Property

Property Address: 
Keperra, QLD

Purchase Price:
Withheld

Purchase Method:
Private Treaty

About The Property: 
3 Bed / 2 Bath / 1 Car - 139 sqm

A recently remodelled home on a 637m2 corner block. The front lounge area was recently converted to a bedroom and the rear of the home was opened up onto the deck. Location-wise, the property is situated a mere 5 minute walk from the nearest train station. As the property is positioned to the front of the block, it allows for a nice large rear yard, which ultimately presents plenty of potential to extend in the future.

• Around 5 minute walk to nearest train station

• Recently remodelled

• Massive rear yard at almost 500m2

• Three shopping centres all within a 10 minute drive

• Plenty of wildlife parks and reserves nearby

• Property is located right next to a dog park & down the road from a country golf club

Our Services:

• Detailed brief and confirmed requirements with a reverse brief to the client

• Commenced search and viewed properties on behalf of our client

• Presented recommended properties with the key information and cash flows

• Negotiate purchase price on behalf of the client

• Liaised with the client's solicitor and mortgage broker on the transaction

• Undertook extensive building inspections

• Recommended property managing agent

Did we renovate:
N/A

Rent:

$480/wk

Gross Rental Yield:

4.16%

Comment