Client Name:
Self Managed Super Fund (SMSF)
Client Occupation:
SMSF with 4 directors
Client Location:
Sydney, Australia
The Brief:
Our client was looking for a high yield earner for their 1st SMSF investment. They were buying the property outright so wanted to ensure they were maximising the return.
Purchase Reason:
Investment
Property Address:
Rosebery, NSW
About The Property:
Office space - 68m2 + secure car space
Boutique light-filled office in a refurbished warehouse full of creative tenants with modern amenities. Boasting its own kitchenette and high ceilings with openable large balcony doors that open to a shared courtyard. A common boardroom for extra large meetings and a licensed cafe in the foyer.
• 4km to Sydney CBD
• 1.4km (4min walk) to Green Square train station
• 1 min walk to shops and cafes
• 2.9km to Sydney Airport
• Area is experiencing strong gentrification
Purchase Price:
$278,000
Purchase Method:
Private Treaty
Rent:
$640/wk ($33,280 pa)
Gross Rental Yield:
12%
Our Services:
• Detailed brief and confirmed requirements with a reverse brief to the client
• Macro research of the Australian market
• Identified key areas for strong yields within their price range
• Presented research findings and suburb due-diligence with our recommendations
• Commenced search and viewed properties on behalf of our client
• Presented recommended properties with the key information; cash flow analysis and supporting data
• Liaised with the client's solicitor and mortgage broker on the transaction
• Provided three options for a property manager
• Viewed and selected the most appropriate tenant application