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Case Study:
Banyo, Rooming House

Summary

In this New Property Australia Case Study A client was seeking their first investment and was looking for a high yielding property that would enable them to receive a positive cashflow.

Property Type

Background

A client was seeking their first investment and was looking for a high yielding property that would enable them to receive a positive cashflow. The client was in the position to undertake a Rooming House strategy with sufficient borrowing ability. A block of land was sourced through networks and contacts. An assessment of the block constraints, Council guidelines, and local demand showed that it would suit a rooming a Rooming House project.

Outcomes

The client undertook the Rooming House project and the property was completed within contract time. The rooms were fully rented in a timely manner and the client is now receiving total rent for the property of $1,500 per week, enabling a positive cash flow of over $700 per week, and a project yield of over 10%.

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3.4/5 (7 Reviews)
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Banyo, Rooming House

In this New Property Australia Case Study A client was seeking their first investment and was looking for a high yielding property that would enable them to receive a positive cashflow.

Case Study Details

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