Located just 11km from the Newcastle CBD, this townhouse comprising of :
3 beds / 3.5 bath / 2 car, delivered a 4.5% return on investment.
|2016 Est Value||$435,000|
|Gross Rental Yield||5.95%|
Sasha helped us set up a self-managed superfund and purchased a purpose built property which targeted student accommodation in Shortland, near Newcastle. The University of Newcastle and John Hunter Hospital are very close to the townhouse which has 3 good sized bedrooms each with built-in wardrobe and ensuite. These rooms are perfect for students and nurses and there is a huge demand for them. Sasha kept us informed of the development at every step. Sasha helped us with the furnishing and rental of the property.
The rental is providing us with an approximately 6% net return and is an excellent long term investment. Thanks to Sasha’s expertise in guiding us through the investment plan, we have now purchased another purpose built property by the same builder and in the same area. I only wish that we had thought about this type of investment years ago!!”
Toni and Graham
SMSF Investors, Sydney