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From first failed investment to 21 properties: how one investor built a national portfolio

A tentative start and early missteps didn’t prevent Koula Lee and her partner from building a 21-property portfolio, using discipline, research and long-term strategy.

Property investor Koula Lee enjoying a holiday in Mt Cook, New Zealand.
Property investor Koula Lee, pictured enjoying a holiday in Mt Cook, New Zealand, has turned her approach to medical research to real estate investment. (Image source: Koula Lee)

Within a bulging family portfolio of 21 properties, the first purchase was the worst performing of the lot.

For Koula Lee, who now calls the leafy southern Sydney suburb of Peakhurst home, that ill-fated first step into real estate could have been her last.

But rather than be deterred, she took it on board as a cautionary tale and set about educating herself on the property market and finance, and knuckled down through hard work and social sacr…

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