This 487 sqm land-size property was settled in January 2020.
With the purchase price of $296,000 and $420 rent per week, this property clearly shows positive cashflow. Immediately after the renovation, the property value got $400k and in a year time, the property value is $450k.
It is a four-bedroom property located in the centre of Regional CBD near to Sydney in a high capital growth area which also has the potential to build a granny flat. It was purchased for a first-time investor aiming for positive cashflow and did a renovation for instant equity.