08 Apr Sourced by Sound case study
Posted at 16:07h
in Case Studies
Manly, QLD
4 Bed | 2.5 Bath | 2 Car – House
Investor Brief and Strategy:
A low risk new build to buy and hold with depreciation benefits
Investment Details:
- Package price $856,000 – Appraised $930,000
- Rental appraisal $750w or 4.6%
- Flat, square block 405sqm
- Elevated position with bay breezes
- Easy walk to Manly train station & the esplanade
- Popular school catchment area
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – Super low at 1.1%
- Inbuilt equity – $74K plus depreciation benefits
- Demographics – Family orientated
What we liked:
“Tightly held family orientated suburb in combination with inbuilt equity, maximum depreciation benefits and solid rental yield make a low risk investment.”
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