We are thrilled to introduce the first of of three...
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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. ๐ช
Aaron built his first 2 investment properties by himself whilst Meggan watched the race go by. Theyโre a double-defence couple (Navy) posted to WA. This 3rd property saw Meggan come aboard (pun intended!), so she could experience what itโs like to receive the Axon service. ๐ฅ
Itโs been wonderful to see her ADF career blossom. As a CPO thatโs recently ๐๐๐๐ ๐ก๐ ๐กโ๐ ๐๐๐๐ ๐ ๐๐๐, the new lease on life as a Navy Officer ๐ข 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 (๐ง๐จ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ฅ๐๐ฒ๐ฌ)
* Expected rent at EOI: $550pw
* Actual rent: $645pw (approx $5Kpa extra rent!)
* Comparable properties a few streets away are now selling for approx. $900K (~$๐๐๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก)
The property is located in a boutique master-planned community in Brisbaneโs Bayside. This is not a brand-new, expanding areaโฆitโs โold 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 donโt lie. A โmiddle 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, theyโll 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! ๐ซก ๐
This story should inspire you to get started and keep being committed to your own success!
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