Summary Introduction
An investor looking for strong returns and future upside engaged Grantham Buyers Agents to secure a low-maintenance, high-yield property in Sydney. We sourced and acquired a fully renovated two-bedroom apartment in Parramatta with a 5.25% yield, future value-add potential, and room for smart reconfiguration. With no upcoming strata works, an under-reserve purchase price, and an estimated equity uplift of up to $150,000, this was a strategic win.
The Brief
Our investor client sought a residential property with strong rental return, minimal ongoing maintenance, and the ability to add value—either through rental uplift or capital growth.
Our Approach
We sourced a north-facing, oversized two-bedroom apartment in a tightly held, well-maintained building in Parramatta, one of Sydney’s key growth corridors.
Key features of the property:
- Fully renovated with park views and abundant natural light
- Spacious layout with potential to convert into a three-bedroom apartment
- No upcoming special levies or strata works, reducing future cost risk
We led the entire due diligence process, coordinated with strata and building consultants, and devised a competitive auction strategy. The property was secured below reserve, despite strong competition.
The Result
- 5.25% net rental yield achieved at settlement
- Client now progressing plans to convert to a three-bedroom layout
- Yield expected to increase to approximately 6% post-reconfiguration
- Estimated equity uplift of $100,000 to $150,000 based on sales of similar three-bedroom apartments
Key Client Benefits
- Purchased under reserve at auction
- Future upside through floorplan reconfiguration
- End-to-end support: from property identification to due diligence, valuation, and post-purchase planning
https://www.granthambuyersagents.com.au/property/2-14-alfred-st/
Why This Matters for Investors
In growth-focused suburbs like Parramatta, smart acquisitions aren’t just about today’s rental return—they’re about long-term strategy. By identifying layout opportunities and ensuring no hidden strata issues, we helped our client build in both income and capital growth potential from day one.
Thinking of doing the same?
Book a confidential discovery call today.
https://www.granthambuyersagents.com.au/contact/
Related Reading
https://www.granthambuyersagents.com.au/checklist-to-purchasing-an-investment-property/
https://www.granthambuyersagents.com.au/why-paying-high-strata-levies-may-not-be-a-bad-thing/
