Our client had a very limited budget, using equity from his PPOR. We bought this property off-market through the local property manager with no competition. The property has a rental yield of 6.79%.
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Project Type
Residential Investment
Project Year
2024
Purchased Price
$365,000
Current Market Value
$470,000
Rental Income
$475/w
Rental Yield
6.79%
Capital Growth
29%
Capital Growth Per Annum
7%
Our client had a very limited budget, using equity from his PPOR. We bought this property off-market through the local property manager with no competition. The property has a rental yield of 6.79%.
Our client was referred to us by their accountant. They engaged us to review their portfolio and establish a game plan to build a scaleable property portfolio. Fast-forward two years, and we have secured three investment properties with a total equity increase of $600,000. This property was investment number two in regional Queensland, with 600 sqm of land and a large home comprising 4 bedrooms and 3 living areas. This home was secured for $375,000, with the value now at $550,000.
“This is our first step into the investment market. Our knowledge was at the best minimal to none.
Abdullah was absolutely amazing. He is a subject matter expert and extremely thorough. He was patient with our barrage of questions. No question was too small or too hard for him. He walked us through the process, kept us updated and provided his support and guidance as needed. Our best interests were top of his mind. We really appreciate all his hard work. He has been an absolute pleasure to work with.
We HIGHLY recommend him and Jadd. We will be back again!”
Our client approached us looking for someone she could trust to help her buy her first investment property. She wants to position herself for a more comfortable retirement in ten years. We bought her this investment property, which will be positively geared by the time she retires, supporting her retirement income.
“I’m so impressed with the expertise and professionalism of the Mecca Property Group team who recently helped me buy my first investment property.
Their calm dispositions reassured me more than once and they were always available if I needed clarification on anything throughout the process.
I can’t recommend the team at Mecca Property Group highly enough.”
~Jody