So Niqui Keen was kind enough to share her own personal experience with investing in apartments in the central city.
Points for small central city apartments
- Affordable purchase price – a lower point of entry can mean an investment is possible
- Lower cost for renovations and shared costs through body corp can mean less suprises
- A better cashflow yield with a do up and rent situation
- Could have potential for growth in rents – through the better aspects on the horizon, opening of borders
- Could have potential for better capital gain, as infrastructure and lockdowns has had a suppressing impact, this did not go through the same upturn as the general housing market
Check out the clip for some before and after examples of actual do-ups of small apartments.
Before
After
