24 Mar Sourced by Sound Case Study

Annerley, QLD

5 Bed | 2.5 Bath| 2 Car – House x 2 Lots

Front

Kitchen

Park

AMAP

Investor Brief and Strategy:

Double lot with inbuilt equity potential & maximum depreciation benefits

Investment Details:

• Projected Costs – $2.3m
• Projected Value – $2.7m
• Projected Gross Profit – $400k or 17% on project costs
• Gross rental income – $2,200p/w or 5% of project costs
• Positive Cashflow @ 80% LVR
• Maximum depreciation on the end product – $50k year 1
• Quality finishes and inclusions, 300sqm ‘Hamptons’ style houses with park views
• Quiet family orientated area
• Just 6km from the CBD

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Stable long-term growth of 8.3% p.a
• Inbuilt equity & significant tax deductions
• Vacancy rates – Extremely Low 2.4%
• Affordability – Very good, only 29% of household incomes to mortgages

What we liked:

Rare park front double block in a blue-chip area only 6km from the CBD. Inbuilt equity, maximum depreciation benefits and solid rental yield make this an extremely rewarding investment.

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.