PBA was instructed in May 2017 to purchase an Investment property in Adelaide with a maximum budget of $ 450,000 within 15 kilometres of the City by a Sydney based client.
The clients brief was for a property (Freestanding house) tilted towards income with some capital growth. The clients brief was to purchase a property with a good yield.
The property was purchased by negotiation for less than $450,000 in a southern suburb.
The property purchased was a free standing house overlooking a playground and with reasonable proximity to all facilities.
In addition PBA organised a few thousand dollars of work to be carried out for the client before tenants moved in.
The house was less than 12 years old which will reduce the maintenance and the home was leased within a week of settlement.