Check out the stat pack behind what is arguably the deal of the year!
Deals like this don’t turn up every day!
👉Client Brief: First home buyer, would like some space to potentially build a granny flat later on and add a second income to help pay off debt.
👉Location: Sydney South West✅
👉Fully renovated property✅
👉Close to cafes, public transport, restaurants, parks and schools✅
Vendor Initial Asking Price: $750,000 (In line with the suburb)👎
Stamp duty payable on asking price: $21,000👎
👉Purchased Price: $650,000✅🥰
👉Stamp Duty payable on purchase price: $0✅
👉IMMEDIATE SAVINGS: $121,000✅💲
But wait… there is more!
Seperate office space?… What did we do?
We spent weeks with the local town planner and builders making sure we knew exactly what it would take to convert the office to a granny flat…
👉Total cost to convert to granny flat: $20,000✅
👉IMMEDIATE SAVING on not having to build granny from start: $130,000✅💲
👉Additional BONUS INCOME: $200/week ~ $10,000 per Year💲
👉Additional Equity created: $50,000 (Very conservative)💲
Our relationships with real estate agents allowed us to secure this amazing property at a price our buyers were thrilled with, ensuring no stamp duty was paid!
But wait… there is more
👉Average annual growth: 7.5%✅
👉Average hold period: 15 Years✅
SUPER HAPPY FIRST HOME BUYER: PRICELESS!🥰😁😍🤩