Multiple Strategy & Instant Equity And Positive Cashflow Deal

Deals

About the client:

Single young professional who wants to start building on a property portfolio at a young age while working two jobs in nursing, using creative strategies.

    • Location: Hunter Valley, NSW
    • Land size: 850m2
    • Strategy: Subdivide into two lots, renovate the existing house and build a second house at the back using a battle-axe access. Sell the renovated property and Keep new property after refinancing to go on and do another similar or better deal. Started with less money but has now a new property and more cash at hand.

Let’s talk numbers:

    • Asking price: $415
    • Negotiated Price: $399K
    • Client saved: $16k
    • Renovation, subdivision and building costs: $400K
    • Sale of the renovated house – Intrinsic value: $400K
    • Value of new house: $700K

Reach Us

3 Darren Ct, Glenwood NSW 2768, Australia

+61 431 577 620

Info@msisaproperty.com.au

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