28 Jun Sourced by Sound Case Study

Norman Park, QLD

Custom Build Opportunity

Investor Brief and Strategy:

Premium custom build opportunity generating $300k + in gross profit & 8% + in annual capital growth.

Investment Details:

• Secured: $1,225,000
• Development Costs: $915,000
• End Value Appraisal: $2,600,000
• Instant equity: $315,000

• Maximum depreciation benefits

• Inner Brisbane suburb, only 4km from the CBD.
• Sort after postcode with access to great schools, parklands, café’s, restaurants & transport.

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy rates – low at 1.2%
• Consistent long-term 20-year growth 9% p.a
• Demographics – Higher socio-economic
• 2021 capital growth: 21.5

What we liked:

Rare developable block in one of Brisbane’s premium suburbs. The combination of inbuilt equity, a strong yield & 8%+ in annual capital growth make this property a Sound approved 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.

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