Residential real estate is a much-loved investment and everyone seems to know someone who has doubled their money playing property. Shares have their legions of fans, while others prefer the security of cash.
February 2013 found the Sydney Morning Heralds Money section expressing an analysis of what assets gave the most Bang for their Buck Australia Wide. Results showed that Australian shares produced an average annual return of 9.1 per cent over the past 10 years to December 31, 2012. Superannuation and Australian bonds were the next best performers, returning 6.4 per cent. Bricks and mortar struggled to keep up with the 5.4 per cent return on cash. Australian residential property produced a return of only 5.3 per cent.
What if we estimated that this Estate Sale Property could top all of the above returns and more? The property presents with new wiring, new kitchens, new flooring, freshly painted with 3 units currently occupied with applicants being sourced for the 4Th.
With a constant flow of tenancy applications in our 2460 postcode and with the future highway bypass guaranteeing even more, this property is sure to be at the top of your investment portfolio for many years to come!
Time is of the essence so get your finances ready to reap the immediate rewards!
Contact Kylie Pearson at Elders Grafton on 6643 2455 or direct 0488 161 621