Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #84

Mick and Cate first came to us in Feb 2021. With 10 years under his belt in the Navy, Mick is a brute of a man with a decent ๐Ÿง”โ€โ™‚๏ธ beard, beautiful soul and larrikin nature; Axon was the perfect fit for his character. Cate is also kicking butt in her role as a marketing manager in the retail sector.

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When asked how they think Axon can help them, Mick outlined this: ๐‘†๐‘’๐‘ก๐‘ก๐‘–๐‘›๐‘” ๐‘š๐‘’ ๐‘ข๐‘ ๐‘Ž๐‘›๐‘‘ ๐‘”๐‘’๐‘ก๐‘ก๐‘–๐‘›๐‘” ๐‘š๐‘’ ๐‘œ๐‘›๐‘ก๐‘œ ๐‘š๐‘ฆ 1๐‘ ๐‘ก ๐ผ๐‘›๐‘ฃ๐‘’๐‘ ๐‘ก๐‘š๐‘’๐‘›๐‘ก ๐‘๐‘Ÿ๐‘œ๐‘๐‘’๐‘Ÿ๐‘ก๐‘ฆ ๐‘ ๐‘œ ๐ผ ๐‘๐‘Ž๐‘› ๐‘Ÿ๐‘’๐‘ก๐‘–๐‘Ÿ๐‘’ ๐‘™๐‘–๐‘˜๐‘’ ๐‘Ž ๐‘โ„Ž๐‘Ž๐‘š๐‘๐‘–๐‘œ๐‘›.

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Simple and straightforward, just the way we like it here.

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At first, it was Mick driving the property bus with his girlfriend, Cate, watching on the sidelines. Thatโ€™s fine; individuals can acquire property if the numbers stack up. During our initial โ˜Ž๏ธ call, Mick literally turned around and put Cate on the spot and asked if she wanted in – it was the first real test of how committed she wasโ€ฆneedless to say, they joined forces with this property, and now theyโ€™re married! ๐Ÿ’’


They had to embark on a dedicated savings plan, and now they were officially DINKs. In Mickโ€™s own words again: ๐‘‡โ„Ž๐‘’๐‘ฆ ๐‘ค๐‘’๐‘Ÿ๐‘’ ๐‘’๐‘ฃ๐‘’๐‘› ๐‘ฃ๐‘’๐‘Ÿ๐‘ฆ ๐‘๐‘Ž๐‘ก๐‘–๐‘’๐‘›๐‘ก ๐‘ค๐‘–๐‘กโ„Ž ๐‘œ๐‘ข๐‘Ÿ ๐‘ž๐‘ข๐‘’๐‘ ๐‘ก๐‘–๐‘œ๐‘›๐‘Ž๐‘๐‘™๐‘’ ๐‘๐‘Ž๐‘ ๐‘ก ๐‘ ๐‘๐‘’๐‘›๐‘‘๐‘–๐‘›๐‘” โ„Ž๐‘Ž๐‘๐‘–๐‘ก๐‘ . ๐‘‡โ„Ž๐‘’๐‘ฆ ๐‘”๐‘’๐‘›๐‘ก๐‘™๐‘ฆ ๐‘ ๐‘ก๐‘’๐‘’๐‘Ÿ๐‘’๐‘‘ ๐‘ข๐‘  ๐‘Ž๐‘ค๐‘Ž๐‘ฆ ๐‘“๐‘Ÿ๐‘œ๐‘š ๐‘กโ„Ž๐‘’ ๐‘๐‘Ž๐‘ฆ๐‘‘๐‘Ž๐‘ฆ-๐‘ก๐‘œ-๐‘๐‘Ž๐‘ฆ๐‘‘๐‘Ž๐‘ฆ ๐‘๐‘Ž๐‘Ÿ๐‘œ๐‘› ๐‘Ž๐‘›๐‘‘ ๐‘ˆ๐‘›๐‘๐‘™๐‘’ ๐ท๐‘Ž๐‘› ๐‘€๐‘ข๐‘Ÿ๐‘โ„Ž๐‘ฆ / ๐‘€๐‘’๐‘›๐‘ข๐‘™๐‘œ๐‘” ๐‘ ๐‘๐‘’๐‘›๐‘‘๐‘–๐‘›๐‘” โ„Ž๐‘Ž๐‘๐‘–๐‘ก๐‘ . ๐‘‡โ„Ž๐‘–๐‘  ๐‘”๐‘ข๐‘–๐‘‘๐‘Ž๐‘›๐‘๐‘’ ๐‘”๐‘œ๐‘ก ๐‘ข๐‘  ๐‘ก๐‘œ ๐‘ ๐‘ข๐‘๐‘๐‘’๐‘ ๐‘ ๐‘“๐‘ข๐‘™ ๐‘“๐‘–๐‘›๐‘Ž๐‘›๐‘๐‘’ ๐‘Ž๐‘๐‘๐‘Ÿ๐‘œ๐‘ฃ๐‘’๐‘‘ ๐‘”๐‘™๐‘œ๐‘Ÿ๐‘ฆ.

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Yep, we got there in the end; ๐œ๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ž๐ฌ๐ž ๐ฌ๐ญ๐š๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐Œ๐ข๐œ๐ค ๐š๐ง๐ ๐‚๐š๐ญ๐žโ€™๐ฌ ๐Ÿ๐ข๐ซ๐ฌ๐ญ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐ฉ๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ:
* Purchase price: $560K
* Land settlement: Nov 2022
* Key handover: Oct 2023
* Same land and build value now: ~$685K
* Rental income: $530pw (took 2 weeks to find tenants)


This property is located in a massive master-planned community in the South-Western growth corridor of Brisbane. Noting the capital growth thatโ€™s already occurred, Mickโ€™s retirement will โค๏ธโ€๐Ÿ”ฅ love this first property.
Fast forward to now. Mick and Cate are just about to settle on the land in preparation for the building of IP#2. They are both action-takers and firmly focused on creating some real ๐Ÿ’ฐ wealth before pivoting towards starting a family in a couple of years.

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Recently, we received a long and detailed review from Mick and Cate about their experience using Axon. An extract is below:
๐ผ ๐‘Ž๐‘š ๐‘–๐‘› ๐‘กโ„Ž๐‘’ ๐‘๐‘Ž๐‘ฃ๐‘ฆ ๐‘Ž๐‘›๐‘‘ ๐‘š๐‘ฆ ๐‘ค๐‘–๐‘“๐‘’ ๐‘–๐‘  ๐‘Ž ๐‘ ๐‘ข๐‘๐‘’๐‘Ÿ โ„Ž๐‘Ž๐‘Ÿ๐‘‘ ๐‘ค๐‘œ๐‘Ÿ๐‘˜๐‘’๐‘Ÿ, ๐‘›๐‘œ๐‘ค ๐‘Ž๐‘ก ๐‘„๐ด๐‘๐‘‡๐ด๐‘†. ๐‘‡โ„Ž๐‘’ ๐‘ ๐‘ข๐‘๐‘’๐‘Ÿ ๐‘œ๐‘Ÿ๐‘”๐‘Ž๐‘›๐‘–๐‘ ๐‘’๐‘‘ ๐‘ก๐‘’๐‘Ž๐‘š ๐‘Ž๐‘ก ๐ด๐‘‹๐‘‚๐‘ ๐‘š๐‘Ž๐‘‘๐‘’ ๐‘กโ„Ž๐‘’ ๐‘‘๐‘’๐‘๐‘–๐‘ ๐‘–๐‘œ๐‘› ๐‘Ž๐‘›๐‘‘ ๐‘Ž๐‘‘๐‘š๐‘–๐‘›๐‘–๐‘ ๐‘ก๐‘Ÿ๐‘Ž๐‘ก๐‘–๐‘œ๐‘› ๐‘๐‘ข๐‘Ÿ๐‘‘๐‘’๐‘› ๐‘œ๐‘“ ๐‘กโ„Ž๐‘’ ๐‘๐‘Ÿ๐‘œ๐‘๐‘’๐‘Ÿ๐‘ก๐‘ฆ ๐‘”๐‘Ž๐‘š๐‘’ ๐‘“๐‘’๐‘’๐‘™ ๐‘™๐‘–๐‘˜๐‘’ ๐‘Ž ๐‘๐‘Ž๐‘™๐‘š ๐‘ ๐‘’๐‘Ž. ๐‘Šโ„Ž๐‘–๐‘™๐‘ ๐‘ก ๐ผ ๐‘ค๐‘Ž๐‘  ๐‘Ž๐‘ค๐‘Ž๐‘ฆ ๐‘œ๐‘› ๐‘Ž ๐‘™๐‘œ๐‘ก ๐‘œ๐‘“ ๐‘‘๐‘’๐‘๐‘™๐‘œ๐‘ฆ๐‘š๐‘’๐‘›๐‘ก๐‘ , ๐‘กโ„Ž๐‘’ ๐ด๐‘‹๐‘‚๐‘ ๐‘ก๐‘’๐‘Ž๐‘š ๐‘ค๐‘Ž๐‘  ๐‘ฃ๐‘’๐‘Ÿ๐‘ฆ ๐‘ข๐‘›๐‘‘๐‘’๐‘Ÿ๐‘ ๐‘ก๐‘Ž๐‘›๐‘‘๐‘–๐‘›๐‘” ๐‘Ž๐‘›๐‘‘ ๐‘“๐‘™๐‘’๐‘ฅ๐‘–๐‘๐‘™๐‘’ ๐‘œ๐‘› ๐‘œ๐‘ข๐‘Ÿ ๐‘๐‘œ๐‘›๐‘›๐‘’๐‘๐‘ก๐‘–๐‘ฃ๐‘–๐‘ก๐‘ฆ ๐‘Ž๐‘›๐‘‘ ๐‘Ž๐‘‘๐‘š๐‘–๐‘›๐‘–๐‘ ๐‘ก๐‘Ÿ๐‘Ž๐‘ก๐‘–๐‘œ๐‘› ๐‘๐‘œ๐‘›๐‘ ๐‘ก๐‘Ÿ๐‘Ž๐‘–๐‘›๐‘ก๐‘ .


๐‘Š๐‘’ ๐‘™๐‘œ๐‘œ๐‘˜ ๐‘“๐‘œ๐‘Ÿ๐‘ค๐‘Ž๐‘Ÿ๐‘‘ ๐‘ก๐‘œ ๐‘๐‘œ๐‘›๐‘ก๐‘–๐‘›๐‘ข๐‘–๐‘›๐‘” ๐‘œ๐‘› ๐‘œ๐‘ข๐‘Ÿ ๐‘–๐‘›๐‘ฃ๐‘’๐‘ ๐‘ก๐‘š๐‘’๐‘›๐‘ก ๐‘๐‘Ÿ๐‘œ๐‘๐‘’๐‘Ÿ๐‘ก๐‘ฆ ๐‘—๐‘œ๐‘ข๐‘Ÿ๐‘›๐‘’๐‘ฆ ๐‘ค๐‘–๐‘กโ„Ž ๐ด๐‘‹๐‘‚๐‘.


๐‘ƒ๐‘†: ๐‘…๐‘œ๐‘๐‘๐‘–๐‘’, ๐‘กโ„Ž๐‘’ ๐‘ก๐‘œ๐‘ ๐‘๐‘™๐‘œ๐‘˜๐‘’ ๐‘Ž๐‘ก ๐ด๐‘‹๐‘‚๐‘, ๐‘–๐‘  ๐‘Ž๐‘™๐‘ ๐‘œ ๐‘Ž ๐‘ ๐‘ก๐‘’๐‘Ž๐‘˜-๐‘’๐‘Ž๐‘ก๐‘–๐‘›๐‘” ๐‘’๐‘ฅ๐‘๐‘’๐‘Ÿ๐‘ก. ๐‘Œ๐‘œ๐‘ข ๐‘๐‘Ž๐‘› ๐‘Ÿ๐‘’๐‘™๐‘ฆ ๐‘œ๐‘› โ„Ž๐‘–๐‘š ๐‘ก๐‘œ ๐‘ ๐‘ก๐‘’๐‘’๐‘Ÿ ๐‘ฆ๐‘œ๐‘ข ๐‘œ๐‘› ๐‘กโ„Ž๐‘’ ๐‘—๐‘œ๐‘ข๐‘Ÿ๐‘›๐‘’๐‘ฆ ๐‘ก๐‘œ ๐‘Ž ๐‘ก๐‘œ๐‘-๐‘ž๐‘ข๐‘Ž๐‘™๐‘–๐‘ก๐‘ฆ ๐‘๐‘ข๐‘ก ๐‘œ๐‘“ ๐‘ ๐‘ก๐‘’๐‘Ž๐‘˜.


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