Sourced by Sound Case Study

Sourced by Sound Case Study

Annerley, QLD

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

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.

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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.