Regional Queensland Investment Property Secured

This was a fantastic interstate investment secured for a client who wanted a large property and needed a way to work around LMI.

Key Highlights

The regional QLD-extremely tight rental vacancy rate.
6.0% Yield, 850 sqm land, strong street appeal with the bonus of a large shed that can be rented separately.
LVR 90% with LMI Waived.
All done Remotely.

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Loan Purpose
LVR
Loan Type
Repayment Type
Investment Rate Type
Offset Facility
Government Grant/Scheme Used
Yield on Property
Total Funds Required (Outside Leverage)
Equity Used
Rental / Week” col_column_max_width=”1fr” _builder_version=”4.24.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][/dvmd_table_maker_item][dvmd_table_maker_item col_content=”
Purchase of Residential Investment
90%
Packaged Home Loan
Interest only
Variable
Yes
No
4.5%
$0
Yes 25% of purchase price from another Investment property
$550″ col_chead_cell_color=”RGBA(255,255,255,0)” _builder_version=”4.24.2″ _module_preset=”default” border_color_all_col_chead_cell_border=”RGBA(255,255,255,0)” global_colors_info=”{}” theme_builder_area=”post_content”][/dvmd_table_maker_item][/dvmd_table_maker]