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ADF HOUSING INVESTMENT PROPERTY:
SUCCESS STORY of An army combat engineer
This success story should inspire all young ADF members to get started in some form of investing as soon as possible. ⌛Remember, time is our greatest asset and our worst enemy.
After watching our free online training, Sam came to us in 2020. He was only 25 years old and had a healthy deposit saved for his first investment property. 🏡
A budding Army Combat Engineer living in Sydney with 8 years of ADF service, he wanted his first investment property. That property was successfully built in a massive master-planned estate in SEQLD during the CV-19 period (2020/21). The purchase price was $555K. The estimated value now is ~$900K. Not a bad outcome. 🤑
As part of the post-build coaching, it was decided we should create a plan for Sam to rinse and repeat. Whilst the land took longer than expected to develop and register, this delay did not cost any money, it was just a game of patience. And it turned out to be a wait well worth waiting for! This property is an absolute ripper!
What you’re seeing here are the stats for Sam’s second investment property:
* 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐩𝐫𝐢𝐜𝐞: $𝟔𝟔𝟖𝐊 (𝟒/𝟐/𝟐 𝐭𝐰𝐨-𝐬𝐭𝐨𝐫𝐞𝐲 𝐡𝐨𝐮𝐬𝐞, 𝐅𝐔𝐋𝐋 𝐭𝐮𝐫𝐧𝐤𝐞𝐲)
* 𝐒𝐭𝐚𝐫𝐭 𝐨𝐟 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧: 𝐉𝐚𝐧 𝟐𝟎𝟐𝟒
* 𝐊𝐞𝐲 𝐡𝐚𝐧𝐝𝐨𝐯𝐞𝐫: 𝐒𝐞𝐩𝐭 𝟐𝟎𝟐𝟒
* 𝐑𝐞𝐧𝐭 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐚𝐭 𝐄𝐎𝐈: $𝟓𝟎𝟎𝐩𝐰
* 𝐀𝐜𝐭𝐮𝐚𝐥 𝐫𝐞𝐧𝐭 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐝: $𝟔𝟐𝟎𝐩𝐰 (𝐒𝐚𝐦 𝐡𝐚𝐝 𝐭𝐞𝐧𝐚𝐧𝐭𝐬 𝐬𝐢𝐠𝐧𝐞𝐝 𝐮𝐩 𝐨𝐧𝐥𝐲 𝐚 𝐟𝐞𝐰 𝐝𝐚𝐲𝐬 𝐚𝐟𝐭𝐞𝐫 𝐡𝐚𝐧𝐝𝐨𝐯𝐞𝐫)
* 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐯𝐚𝐥𝐮𝐞: ~$𝟖𝟎𝟎𝐊+
This property is located in a separate, large growth corridor of SEQLD. A key indicator of ongoing demand is the rental increase. $120pw in a relatively short period is a very good sign (with plenty more to come over the coming years)
This is Sam’s recent 5⭐ review:
I’ve just completed my second build with Axon and I never imagined owning a portfolio of two properties just before my 30th birthday. It’s truly remarkable.
The process was probably smoother than the first time, now that the COVID hangover is past. The build was completed much faster, and the property was only advertised for three days before securing tenants.
The team was always informative, and you can be as hands-off or on as you’d like, depending on your lifestyle and work commitments.
All I can say is I’m glad I made that initial call to Robbie four years ago. Two properties built in four years have exceeded my expectations, and I’m very thankful.
Looking ahead, Sam now has a degree in 🔬forensic science. He lives in Perth with his girlfriend and continues to proudly serve in the ADF. His ADF career has so much potential, which is supported by his excellent property portfolio. This is a formidable combination in any world. 🌎
Over the years, Sam has sent a few ADF members our way, for which we are very thankful. In the name of 🤝 mateship, why wouldn’t he?
Putting his reputation on the line is now going to another level – he has linked me up with his GF so we can chat about how Axon may be able to help her. I better not mess that up! Lol
I trust this success story has provided you with the inspiration to get started on improving your financial future. Your ‘future self’ is relying on you!
Let us know what you think of this sensational property and Sam’s success story!
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