Our client wanted to purchase a fantastic property in a growth area of Australia that would be suitable for their Self-Managed Super Fund (SMSF), a property that would contribute growth over time for the purpose of accumulation within the SMSF. Not all postcodes in Australia are suitable for SMSF and you need to check prior to purchasing that your bank will lend in that area.
West Launceston is one area that is allowable for SMSF so we researched and found a fantastically renovated 3 x Bedroom, 1 x Bathroom, 3 x car garage house that was ready for tenants to move into immediately. We bought the property for $386,000 negotiating with the owner to allow us to advertise the property for rent prior to settlement ensure we had a tenant secured ready to move. We secured a fantastic tenant thru the managing real estate agent that we selected for $390.00 per week and they moved in on the day after settlement.
West Launceston is a fantastic suburb offering great schools, cafes and restaurants with an Aldi Supermarketjust around the corner. The hospital is only 3 black for the front door hence attracting a doctor and his family to rent the property.
If you are looking to purchase in your SMSF the great schools, cafes and restaurants with an Aldi Supermarket s way and we have the experience and expertise to guide you thru the process.
