Redlands Bay Investment Property

Table of Contents

Stats

Date Purchased

16/07/2024

Purpose

Investment

Purchase Price

$810000

Current Value

$850000

Weekly Rent

$750

Return

4.8%

Growth

8.5%

* Source RDData

Overview

Redlands Bay Investment Property purchased for a couple origonaly looking to invest in the Northern Gold Coast till this property came up. All indications pointed to the property having a value range of between $800K to $900K, with $850K being the agreed value.

After a succesful negotiation strategy I secured the home of $810,000

The property has a rental estimate of between $730 to $750 per week which equates to a return of 4.8%

Location

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