- Nathan

MEET THE TEAM

- Nathan

Meet Nathan, a dedicated member of the defense force based in Sydney, who sought to invest in Melbourne as his next posting location. Despite residing in Sydney, Nathan was eligible to purchase his Melbourne property as a first home and take advantage of grants and concessions without the requirement to live in it. He reached out to One Central Property to navigate this unique opportunity, and we were excited to assist him in making a smart investment decision.

Smart Investment in a Growing Region

Nathan secured a house and land package in a rapidly developing area within Melbourne, all while staying within his budgetary constraints.

Strategic Timing

The year-long registration period for the land allowed Nathan to enhance his deposit, positioning him well for the purchase.

Impressive Property Value Growth

Initially purchased at $411,800, Nathan’s property is now valued at approximately $750,000, with a rental income of $450 per week.

Client Situation Before Purchase

Nathan, stationed in Sydney, was preparing for a new posting in Melbourne and wanted to capitalise on purchasing a property there. His position in the defense force allowed him to utilize first home buyer concessions and grants without the necessity of residing in the property, presenting a unique investment opportunity.

Results and Next Steps

Nathan is now enjoying the fruits of his strategic investment, with a property that has significantly appreciated in value and is generating a reliable rental income. With the substantial equity he has built, Nathan is well-positioned to explore further investment opportunities and expand his property portfolio. We are eager to continue supporting Nathan as he advances his investment journey and achieves his financial objectives.