We purchased this property on behalf of one of our clients that wanted a low maintenance investment that was ready immediately for locating a tenant. Due to the strong relationships that we have with local developers, we were able to secure this property at below market value and instantly market for a tenant.
This property is currently generating Gross Yields of 9.0% and a Return on Investment of 24% Per Annum for our clients. We advise our client to hold investments for a minimum of 10 years which for this property would deliver a 444% return on their initial investment.
