Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #58

Jessica came to us in Sept 2021. She runs her own business as a civilian Physiotherapist that had a previous Defence connection. During her initial coaching, she stated to us, โ€˜๐‘ฐ ๐’˜๐’‚๐’๐’• ๐’”๐’๐’Ž๐’†๐’๐’๐’† ๐’•๐’ ๐’…๐’ ๐’•๐’‰๐’† ๐’‰๐’‚๐’“๐’… ๐’˜๐’๐’“๐’Œ ๐’‰๐’†๐’๐’‘๐’Š๐’๐’ˆ ๐’Ž๐’† ๐’”๐’•๐’‚๐’“๐’• ๐’•๐’ ๐’ƒ๐’–๐’Š๐’๐’… ๐’‚ ๐’‘๐’“๐’๐’‘๐’†๐’“๐’•๐’š ๐’‘๐’๐’“๐’•๐’‡๐’๐’๐’Š๐’.’

Challenge accepted!

The result? “๐‘ป๐’‰๐’† ๐’ƒ๐’Š๐’ˆ๐’ˆ๐’†๐’”๐’• ๐’•๐’‰๐’Š๐’๐’ˆ ๐’‡๐’๐’“ ๐’Ž๐’† ๐’˜๐’‚๐’” ๐’…๐’†๐’‡๐’Š๐’๐’Š๐’•๐’†๐’๐’š ๐’๐’๐’• ๐’‰๐’‚๐’—๐’Š๐’๐’ˆ ๐’•๐’ ๐’…๐’ ๐’‚๐’๐’š๐’•๐’‰๐’Š๐’๐’ˆ. ๐‘ฐ ๐’”๐’Š๐’ˆ๐’๐’†๐’… ๐’Ž๐’š ๐’Ž๐’๐’“๐’•๐’ˆ๐’‚๐’ˆ๐’† ๐’‘๐’‚๐’‘๐’†๐’“๐’” ๐’๐’ ๐’•๐’‰๐’† ๐’‘๐’๐’‚๐’๐’† ๐’•๐’ ๐‘ด๐’†๐’™๐’Š๐’„๐’ ๐’‚๐’๐’… ๐’•๐’‰๐’†๐’ 12 ๐’Ž๐’๐’๐’•๐’‰๐’” ๐’๐’‚๐’•๐’†๐’“ ๐’‰๐’‚๐’… ๐’•๐’‰๐’† ๐’๐’†๐’˜ ๐’•๐’†๐’๐’‚๐’๐’•๐’” ๐’๐’“๐’ˆ๐’‚๐’๐’Š๐’”๐’†๐’… ๐’ƒ๐’š ๐’š๐’๐’– ๐’ˆ๐’–๐’š๐’” ๐’˜๐’‰๐’Š๐’๐’”๐’• ๐‘ฐ ๐’˜๐’‚๐’” ๐’๐’–๐’• ๐’๐’‡ ๐’„๐’๐’Ž๐’Ž๐’” ๐’Š๐’ ๐‘จ๐’‡๐’“๐’Š๐’„๐’‚.”

Without a doubt, getting a good result with oneโ€™s first property is critical. Why? It provides the platform for a portfolio to grow and prosper over the coming years. If you stuff the first one up, youโ€™ll be stuck in the mud for yearsโ€ฆ

Jessica came to us with a great money mindset and habits, all the while having a crack at being a business owner. No small feat, I can assure you.

What youโ€™re seeing here is the outcome of her first brand-new investment property:
* Purchase price: $644K (FULL turn-key package)
* Site start: May 2022
* Key handover: Dec 2022 (๐ง๐จ ๐œ๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐๐ž๐ฅ๐š๐ฒ๐ฌ)
* Expected rent at EOI: $520pw
* Actual rent: $580pw
* Estimated value now ~$750K (~$๐Ÿ๐ŸŽ๐ŸŽ๐Š ๐ ๐ซ๐จ๐ฐ๐ญ๐ก)

The property is located in a small and boutique development in Brisbaneโ€™s Northern Middle Ring. Check out the image we have provided, and youโ€™ll see the proximity to a train station, numerous schools and a shopping centre 19 km North of Brisbane CBD. We call this buying property โ€˜inside the wireโ€™.

As you can imagine, Jessica is stoked with the outcome of ~$100K of capital growth and extra cash flow from the additional rental income. Between the tenant and taxman, this is a set-and-forget property for her. There is no question that we’ve provided Jessica the platform to grow her portfolio!