Investment Property Must-Haves
Buying an investment property is a clever way to build wealth for your future. So, how do you find a property that promises continual capital growth?
In this article, you’ll find a list of non-negotiables for your investment property, ensuring your property stands out and stays in-demand.
An Allocated Car Park
We’ve all battled for car parks or the cost of renting a car park convenient to us. So if you’re investment property comes with an allocated car park to the property, it’s a big plus.
A Level Of Rarity
The equation for capital growth in investment properties is simple. If there’s a popular demand for a particular type of property, but there’s not many of those properties available, you’ve got a recipe for success.
Location, Location, Location
Being in a popular, blue-chip suburb is key. However, try buying in specific pockets of these suburbs. For example, choose a street with similar property types. Buying next to a potential development site may affect your property's capital growth in the future.
Focus On The Features That Are Everlasting
You can always add value to your property with a new kitchen, pool or complete renovation, but choosing features you cannot change will be a huge benefit. For example, the land size, position in the street and property position on the block.
If you’re on the hunt for the perfect investment property, view Coronis’ on the market properties here.
Coronis Property Management rent properties 20 per cent faster than other real estate company. Let Coronis manage your investment property. To find out more about Coronis Property Management services, click here or chat to one of our live chat specialists right now.