24 Mar Sourced by Sound Case Study
Posted at 12:42h
in Case Studies
Red Hill, QLD
4 Bed | 2 Bath| 2 Car – Townhouse
Investor Brief and Strategy:
Investor looking for a strong yield & to offset tax via maximum depreciation benefits
Investment Details:
- Listed; $1,039,000
- Appraisal: $1,000/w or 5% yield
- House like living, architecturally designed and high-end finishes
- Small block of 20
- CBD only 3km away, moments from numerous parks & convenient shopping, dinning & transport amenities
- Located within key school catchments including Ithaca Primary & Kelvin Grove State College
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – low at 2.3%
- Consistent long-term 21-year growth 7.5% p.a
- Demographics – Higher socio-economic
- Maximum depreciation benefits
What we liked:
Rare development in protected character code location, sustained long-term growth, strong rental yield and maximum depreciation benefits.
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