Adam & Pauline – Sydney
CHALLENGE
$600/wk originally (long term)
Contacted us to see if Short Term would work
We had 1 down the road, earning $1200/wk
APPROACH
Told them that some money would need to be spent to bring up to scratch
SOLUTION
Cosmetic renovation $21k
Furniture package $11k
3 weeks
EXPERIENCE
First stay 3 months $1300/wk
Continued as 80% occupancy with consistent yields around $1200/wk