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Regional Owner Occupier with AirBNB Potential

BOOM ANOTHER ONE...Purchase #63 by Easy Buyer's Agent. This purchase is for our repeat owner-occupier/investor who lives in regional WA. After his successful run with AirBNB on his first purchase with us, he is looking for the 2nd one. Asking: From $469,000. Purchase: $460,000. Read on.

BRIEF:
Our client is only interested in brand new 4x2 property which he can live in while he is in Perth, and AirBNB it when he is away.

PROPERTY STORY:
Finding brand new property is easy, but finding brand new property that ticks all of our clients boxes: 4x2, ducted air-con, roller blind, stone benchtop throughout, mirrored wardrobe, and all within suburbs where it would work with AirBNB (which price vs return needs to also be considered) is definitely not an easy feat.

When it comes to AirBNB, proximity to Perth CBD, Airport and entertainment vicinities is very important. And brand new 4x2 properties in these areas with finishing that our buyer was looking for, were selling for medium-high in price. Early $500k+ is the norm. The higher the price, the lesser the returns.

Finally we spotted this property, a 2019 built that has never been occupied. The finishing ticked all the boxes. It was located 15 minute away from Perth Airport, 25 minute away from Perth CBD, 10 minute away from Swan Valley and 5 minute to Caversham. Few turns away from the property were Reid Hwy and Tonkin Hwy that could take you to a lot of Perth metro areas. 

 

Looking to buy property in WA? You know who to call. We have information on more than 300 WA suburbs to ensure the property we buy tick all your boxes. Don't let the stress of buying property overwhelms you. Let's chat property, consultation is free. Until the next purchase. Peace.