283K Property With 8.5% Rental Yield Bought 10%-20% BELOW Market Value & Secured OFF MARKET (NOT on REALESTATE or DOMAIN)

Written By Eddie Dilleen
Unit block in Perth Australia
inside kitchen view of Perth Unit
balcony view of Perth Unit

$283,000

Built-in 2015, this 2-bedroom Apartment boasts a stylish bathroom and a car space for convenient parking. This modern gem not only provides comfortable living space for your tenants but also comes with remarkable tax depreciation benefits! 

This property is under the NRAS scheme, which provides tenants with affordable housing and the landlord with a government grant issued at tax time - roughly $11,000.

What's even more exciting is that this property was initially sold Off-The-Plan for $400,000. However, we were able to secure it for an unbelievably affordable $283,000 – what a steal!

The Apartment can be rented up to $465 per week, equating to an incredible 8.5% rental yield! Additionally, it is located just 13km to Perth CBD, convenient to local schools, shops and essential amenities. 

Eddie Dilleen
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361K Townhouse Just 24 Minutes From Perth CBD Bought 10%-20% BELOW Market Value & Secured OFF MARKET (NOT on REALESTATE or DOMAIN)
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425K Perth House with 7.3% Rental Yield Bought 10%-20% BELOW Market Value & Secured OFF MARKET (NOT on REALESTATE or DOMAIN)