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Sydney couple grow their asset base to one day achieve a level of financial independence and supplement their income.
Kelvin and Kim came to see us with 4 investment properties in their portfolio and they wanted to begin adding investment grade properties that had a focus on growth. Their existing properties all had a focus on cash flow.
We purchased an investment grade 1 bedroom apartment for them in Marrickville in May 2013 for $312,500 which was well below market value. The estimated appraisal as at July 2019 is $490K which is 9.33% average annual growth over 6.1 years.
Purchased May 2013 - $312,500
Appraised July 2019 - $490,000
As an interstate landlord, I trust Metropole Property Management to look after our Melbourne interests. Their service and communication is first rate.
Thank you very much for your excellent advice and management, now and during the last years when you have been taking care of our property. At all times we felt that all issues had been handled with extreme care and diligence.
Really appreciate the time and walk through with the process and considering that we are in different state, you have made the process really easy. I was really satisfied with the level of the engagement and detail that you have provided. I was also really impressed on how fast you were able to secure a tenant within a day after settlement of the property.
We sincerely thank you and your team for the customer service, which has exceeded our expectations. We will have additional Brisbane properties managed by Metropole in the future, and be sure to recommend your service to others.