This property was purchased by a sophisticated investor as their 4th property. It is in the center of regional NSW. It has a land size of 785 sqm that has the potential to build a granny flat which can increase the value and cashflow of the property.
This property is located in a high capital growth area near schools and childcare.
With the purchase price of $359,000 and $370 rent per week, this property clearly shows positive cashflow and the potential of manufactured equity.