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.
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
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
