Musgrave Rd, Banyo
Description
Better than average house in better than average location, for less than average price.
Strategy
Undertake slight modifications to the existing house to permit dual occupancy to massively increase rent.
Purchase Price
$440,000
Client type
Passive investor
Anticipated outcome / development costs
Property now rented for the long term.
Twist
Potential to significantly increase rent for small outlay.