24 Apr Sourced by Sound case study

Meridan Plains, QLD

3+2 Bed | 2+1 Bath | 2+1 Car – Duplex

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Investor Brief and Strategy:

Retiree looking for rental income and a low maintenance investment sub $700k

Investment Details:

• $640,000
• Rented $780/w or 6.3% yield
• 3-year old house on a 600sqm block
• Low maintenance, open plan living
• Short 10 min drive to CBD
• Moments from parks, schools & shops

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy rates – low at 1.5%
• Ability to add-value through strata titling process
• Minimal expenses and rates
• Established, owner occupier area

What we liked:

“Dual income residential investment with positive cashflow and the unique opportunity to generate equity through a two-title transfer STCA”

This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.