Newcastle, NSW
Purchased via negotiation
- Purchase Price: $769,000 in May 2023
- Valuation in Jan 2024: $ 800,000 as at January 2024
- ROI: Over $30,000 equity gain in 8 months
A great Newcastle investment property purchase for a happy investor. We bought this 3 bedroom home on a large corner block with scope to add value, good street appeal and located in a high demand suburb.
Our client is an experienced investor and was referred to us by a local real estate agent. We reviewed their existing investment portfolio and identified this property as an excellent diversification option. We negotiated long and hard for this one before successfully securing it.
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