ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #14

With the support of the Axon team, her first property has been an absolute powerhouse. With over $155K of growth, why wouldn’t you take another slice of that wealth cake! The property is positively geared with a rental return of $630 per week. WOW!

• Purchase price: $505K
• Date secured: 21/08/2020

• Settlement date: 9/12/2020
• Handover date: 9/11/2021
• Tenant Found: 12/11/2021
• Estimated current value: $710K+ (confirmed bank valuation for equity release – a cheeky $205K)
• Rent Return: $630 per week (originally appraised at $490p/w – doesn’t get much better than that!)

Taking another property under an Expression of Interest which has already seen $100K growth and hasn’t even commenced building yet. 

This property is located in a BOOMING location – with the clients already having equity immediately available for their next acquisition and a rent return that, when combined with her tax return, will see this property paying itself off for the foreseeable future. Talk about hitting the sweet spot. With the developer’s next to no investment properties, this property is a jewel in the crown.