Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #60

This is a success story that should inspire you all! This tale is about a couple that has built their 3rd property with us, with a 4th already underway and a 5th secured for a build start later this year. ๐Ÿ’ช


Aaron built his first 2 investment properties by himself whilst Meggan watched the race go by. Theyโ€™re a double-defence couple (Navy) posted to WA. This 3rd property saw Meggan come aboard (pun intended!), so she could experience what itโ€™s like to receive the Axon service. ๐Ÿ’ฅ


Itโ€™s been wonderful to see her ADF career blossom. As a CPO thatโ€™s recently ๐‘”๐‘œ๐‘›๐‘’ ๐‘ก๐‘œ ๐‘กโ„Ž๐‘’ ๐‘‘๐‘Ž๐‘Ÿ๐‘˜ ๐‘ ๐‘–๐‘‘๐‘’, the new lease on life as a Navy Officer ๐Ÿšข is wonderful to see (as many of you know, that forms part of my ADF career).


Check out these impressive stats:
* Purchase price: $727K (FULL turn-key package)
* Site start: April 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: $550pw
* Actual rent: $645pw (approx $5Kpa extra rent!)
* Comparable properties a few streets away are now selling for approx. $900K (~$๐Ÿ๐Ÿ“๐ŸŽ๐Š ๐ ๐ซ๐จ๐ฐ๐ญ๐ก)


The property is located in a boutique master-planned community in Brisbaneโ€™s Bayside. This is not a brand-new, expanding areaโ€ฆitโ€™s โ€˜old moneyโ€™ in this region, with very established amenities and some of the best school catchment zones in Brisbane. Families with money love that!
Now, this is a modest size block and house (350m block and 188m house), and some would scoff at these (smaller) dimensions, but the stats donโ€™t lie. A โ€˜middle of the marketโ€™ dwelling, within your budget, located in a great area, is the only thing that matters. Enough said!


Looking ahead, Aaron and Meggan have commenced the build for IP#4. Aaron is on a ship for the next 5 months, so Meggan will do this build with Axon solo. They have already secured an EOI for IP#5. Once these houses are sitting in the market, theyโ€™ll likely start a family.
This success story is DINK-life (for now) to a tee. We are so honoured and humbled to be a pivotal part of their wealth-creation journey! ๐Ÿซก ๐Ÿ™‚

This story should inspire you to get started and keep being committed to your own success!