Bought prior to Auction: $700,000
Potential Rent: $500pw
Potential Yield: 3.7%
A client came to us looking for a home in Newcastle as his son lives here with his mother. He had a limited budget and wanted to be close to his son’s school. He loved this house, however, the agent said it was too late to purchase it. We weaved our magic for our client and bought it for him, right on budget.