13 May Sourced by Sound Case Study
Posted at 13:54h
in Case Studies
Wavell Heights, QLD, 4012
Investor Brief and Strategy:
Custom Build Opportunity secured off-market. Long Term Growth – 8.75%, Total Return on Development Costs – 22%
Investment Details:
- Secured Off Market at $900,000
- Subdividable 878sqm block
- Total Return on Development Costs: 22%
- In-Built Equity: ~$500K
- Rental Yield: 4.9%
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – Super low at 1.2%
- 2021 Growth: 8.6%
- Days on Market low at 23 (QLD Avg: 37)
What we liked:
Large Flat Block in popular suburb, secured off market. Great return on development costs, in-built equity opportunity.
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