26 Nov Sourced by Sound case study

Manly West, QLD

4 Bed  |  2.5 Bath | 2 Car – House

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Investor Brief and Strategy:

High income earner looking to maximise tax deductions via depreciation

Investment Details:

• Package price $784,850 – Appraised $825,000
• Rental appraisal is $650-$680/w or 4.5%
• Flat, square block 21m x 20m. 426sqm
• Elevated position with bay breezes
• Potential district views from top floor
• Walk to Manly train station and esplanade
• Popular school catchment area

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy Rates – Super low at 1.2%
• Inbuilt equity – $40,150 plus depreciation benefits
• Demographics – Family orientated

What we liked:

“Large home in a tightly held family orientated suburb in combination with inbuilt equity and a strong rental yield make this a low risk 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.