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ADF HOUSING INVESTMENT PROPERTY:
SUCCESS STORY of AN ARMY VET AND RAFFIE
This success story exudes what can be achieved when a smart 💵 money mindset and money habits are adopted over many years…
Justin and Kat came to Axon in Feb 2022. Their family comprised two children (9 and 7yo), Justin had recently gone through a med-discharge from 10+ years in the Army, and Kat was in the RAAF (with no intent of leaving the ADF anytime soon).
Of note, they already had 2 x properties (living in their own home [PPOR] and IP#1). In their own words: Me and Kat had no personal debts from a young age. We paid cash for everything, and we saved our arses off. We put hundreds of thousands of dollars into our first two properties. Lived on scraps for years after we bought IP#1 to buy our PPOR. Also, buying the right property at the right time and selling it at the right time made us a load of money.
Considering they acquired these properties with very limited assistance, their willingness to now engage professional services is a testament to their humility and long-term thinking.
Specifically, they wanted:
* Help in building a property portfolio
* Help with property and location search to maximise future gains and passive income
* Guidance in maximising a secure financial future
What you’re seeing here is the outcome of IP#2 (check out the amazing floorplan!)
* 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐩𝐫𝐢𝐜𝐞: $𝟕𝟔𝟎𝐊 (𝟑𝟓𝟎𝐦𝟐 𝐛𝐥𝐨𝐜𝐤, 𝟐𝟎𝟑𝐦𝟐 𝐡𝐨𝐮𝐬𝐞)
* 𝐒𝐭𝐚𝐫𝐭 𝐨𝐟 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧: 𝐎𝐜𝐭 𝟐𝟎𝟐𝟑
* 𝐊𝐞𝐲 𝐡𝐚𝐧𝐝𝐨𝐯𝐞𝐫: 𝐉𝐮𝐧𝐞 𝟐𝟎𝟐𝟒
* 𝐑𝐞𝐧𝐭𝐚𝐥 𝐢𝐧𝐜𝐨𝐦𝐞: $𝟕𝟏𝟓𝐩𝐰 (𝐚 𝐫𝐞𝐜𝐨𝐫𝐝 𝐚𝐭 𝐭𝐡𝐞 𝐭𝐢𝐦𝐞 𝐟𝐨𝐫 𝐭𝐡𝐢𝐬 𝐞𝐬𝐭𝐚𝐭𝐞!)
* 𝐀𝐩𝐩𝐫𝐨𝐱 𝐯𝐚𝐥𝐮𝐞 𝐧𝐨𝐰: $𝟖𝟑𝟎𝐊+
The property is located in a massive master-planned community in SEQLD, which has the potential for sustained and low-risk growth for many years to come.
This is their recent 5 ⭐ review:
Big shout out to Robbie and the team at Axon. For a business that specialises in new land and build, they put a lot of emphasis on the location, something other alike businesses lack. I enjoyed their attention to detail when it comes to area briefs. As they say, money is made in the land. The team at Axon are always available to answer any of your questions along the way and you never find yourself waiting to hear back from them. Highly recommended.
Justin and Kat expect building approval for IP#3 in the next few weeks. We have been smart with the use of concurrent activity over the last 12 months. You’ll see that magnificent property in about 6 months. (👀 Sneak peek: I think this property will be the jewel of their 👑 crown, which is a big call!)
Justin and Kat are now settled in Newcastle, with a multi-year posting for Cat at RAAF WLM. What I like about this next stage of their lives is that Justin has entered the stage of his ADF transition whereby re-entering the workforce has popped onto his radar. I’m positive he will love the challenges of working again and direct his energy towards being a superstar team member for his next employer.
Watch this space for our updates on this amazing couple.
Let us know what you think of this property and their success story!
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