Clearance rates, cash rate moves and population figures are the...
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ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #47
I Welcome to another cracking success story!
Scott is a very switched-on and astute RAAF Officer posted to Adelaide, in his mid-20s. He first came to us in Feb 2020 wanting to secure his financial future. With a background in finance and a very good upbringing around wealth creation and property… let’s just say Scott was not one to jump all-in with Axon at first.
During the coaching sessions with me, we had many robust conversations around all facets of what value-add Axon could provide him. I love having those no-BS, open and forthright discussions up-front. Ultimately, it was agreed that Scott needed to focus on completing his pilot’s course to enable his best transition into RAAF’s complex and high-end operations.
As you can read from his 5* review, Axon supporting Scott was a no-brainer. As he told us recently on his end-of-build coaching call, ‘he could not have built this house without Axon’. What you’re seeing here is the outcome of his brand-new investment property.
- Purchase price: $475K (FULL turn-key package)
- Land settlement: December 2021
- Key handover: October 2022
- Expected rent at EOI: $400pw
- Actual rent: $530pw (that is almost $7Kpa of additional rental income!)
- Comparable properties a few streets away are now selling for approx. $630K
The property is located in one of SEQLD’s fastest-growing regions. They’re building a city the size of Darwin – and it’s only about 10% into the construction life cycle. Talk about getting in early…
He’s a great bloke that is well on his way to securing his financial future!
Let us know what you think of this property and this success story.
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