Adelaide, SA

Client Brief

The client was looking for an investment property that had development potential. This property was purchased with the potential to build 3-4 townhouses on the block further down the track.

The numbers

  • Purchase price: $420,000
  • Purchase date: September 2021
  • Value today (9/21): 420,000
  • Capital growth: Just purchased
  • Rental yield: 4%
  • Rent: $400 per week

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