Investment in Action
Investment in Action series tracks Smart Property investment’s progress as it builds its very own property investment portfolio.
Readers can learn firsthand how a cost-effective cosmetic renovation can boost cash flow and dramatically increase a property’s value.
The Investment in Action also includes Smart Property Investment’s Open House event.
The industry-first event, which took place in Cambridge Park in Sydney’s West, revealed a striking renovation which resulted in a 50 per cent increase in equity in just a few months.
Investors had the opportunity to learn first-hand how Smart Property Investment approached its own renovation project and speak to the experts involved.
The project objective was to buy under market value and undertake a cost-effective renovation to boost capital value as well as rental returns – a goal that was achieved.
With the help of buyer’s agent Right Property Group, Smart Property Investment purchased the four bedroom Cambridge Park house for just $236,000 – well below the suburb’s median house price.
A cost effective renovation has now boosted the property’s value by 50 per cent to between $350,000-360,000, according to recent agent appraisals, as well as increased the rental income by over 100 per cent.
The Open House Event’s will continue to run in allignment with Smart Property Investment’s ‘Investment in Action’ series.