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Buyer Tips
What Attracts a Tenant to a Property...
Property Investment is all about securing a good tenant for as long a period of time as possible. Therefore when considering buying an investment property for this purpose, it is important that you choose the right property and also consider adding features that will attract the right tenant.
Here are our tips:-
1.Properties in close proximity to facilities like schools, shopping areas, public transport, beaches & parks.
2. Built-in robes, dishwasher, low maintenance For a family it could be an ensuite, and an extra rumpus room. An executive couple may require a dishwasher, open plan living and a small, low maintenance garden. Units and flats may become more favourable to the right tenant with a fridge supplied and built in robes.
3. Inside a property, it is important that features are designed to be compatible with a tenant’s lifestyle, as well as protect the life of the property. Things like selecting good quality paint for interior walls and woodwork that is of a strong wash and wear quality. Choosing carpet that is not light in colour, resists stains and is hard wearing is recommended.
Making your property ‘tenant friendly’ is all part of smart and successful property investment