Investors have the opportunity to attend Smart Property Investment’s ‘Investment in Action’ free open house and learn firsthand how a cost-effective cosmetic renovation can boost cash flow and dramatically increase a property’s value.
The renovation has boosted the property’s value by 50 per cent and rental income by 100 per cent – resulting in a cash neutral position.
The open house is part of Smart Property Investment’s ‘Investment in Action’ series, which tracks the leading property title as it builds its very own property investment portfolio.
The Smart Property Investment open house is the first time a property investment magazine has opened up its own investment to its readers – and long overdue, according Phillip Tarrant, editor of Smart Property Investment.
“We’re the magazine by investors, for investors,” he said. “In building our own portfolio and documenting it on our magazine we’re putting our money where our mouth is.
“Our role as publishers is offer investors timely, factual and up-to-date knowledge to help them purchase investment properties and build wealth – and our Investment in Action series offers a warts and all view of the strategies available to achieve this.
“It is real life: we detail all the numbers, our successes as well as mistakes – insights investors can draw on when building their own portfolios.”
According to Mr Tarrant, Smart Property Investment’s Cambridge Park investment serves as a good example of purchasing a property at under-market value and undertaking a cost-effective cosmetic renovation into accelerate rental returns and boost capital value.
Investors that attend the free Smart Property Investment open house can meet all the experts involved in the project while also receive a complimentary gift bag valued at more than $500. They’ll also go into the draw to win a prize pack valued at over $10,000!