01 Mar Sourced by Sound Case Study

Wavell Heights, QLD, 4012

Esdale SBS 6

Esdale SBS 5

Esdale SBS 4

Esdale SBS 3

Esdale SBS 2

Investor Brief and Strategy:

To acquire a premium lot for custom build opportunity, with maximum depreciation benefits.

Investment Details:

• Secured off-market
• Land + Build Costs $1.4m
• Appraised $1,300p.w or 4.7% yield
• Flat 600+ sqm block
• High-return investment – $162k Inbuilt Equity
• Maximum depreciation benefits
• Low maintenance block in highly sort after school district

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy Rates – low at 1.2%
• Consistent long-term 23-year growth 8.75% p.a
• Positive growth in 2020 – 4.5%

What we liked:

Blue chip suburb with strong, consistent growth and low vacancy rates. This site provides the perfect balance between a high yield & return on development costs.

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.