
This off-market find adds a fourth property to my clients' growing Redlands portfolio. The Deception Bay acquisition gives them a foothold in a waterside suburb experiencing strong gentrification, while delivering solid rental returns from day one. With scope to add a granny flat down the track, the potential for increased yield and cash flow is firmly on the table. What bought this property was a healthy relationship between agent's and a willingness to negotiate. Almost a 4.5% median yield!