Success Story IP#13

axon success story
Welcome to the final success story of 2021.
As you’d agree, there have been some stellar properties and I can only hope you’ve all loved the stories that accompany each client’s experience with us! 🤍
This couple is made up of a RAEME member at Enoggera, and she was a Centre Manager in the Northern suburbs of Brisbane. They first reached out to Axon in July 2020. They had a good amount of capital set aside to commence investing in property after being smart with their money habits over the preceding years. 💰
They were happy in their current service residence, so we decided to park their ADF housing entitlements, and focus on securing a premium investment property (outside of the DHA radius…) in Brisbane.

What you’re seeing here is the outcome of that property, which is a brand new design, never-before-seen here at Axon!
Take this time to really check this property out… It is an absolute ripper. It’s a brand new land and build project – take a look at the floor plan, the colour palette, everything is just beautiful! This particular estate demands high ceilings and full render as well.
🏠 – Property: $657K (bank valuation of a comparable property is $775K!)
🏦 – Rental forecast at EOI stage: $510pw (actual rent: $580pw!)
🔑 – Key handover: 28 Sep 21
👪 – Tenants found: 30 Sep 21

We took care of the project management of this build whilst this wonderful couple brought their third child into this world. Two amazing things to happen in 2021 for them!

Of note, there was an approx. 6-week extension to the property being completed by the builder… which likely cost them around $5K extra in interest repayments… but who would be prepared to tolerate the extra time and extra outlay to make over $100K in equity in around 12 months? That’s right, nod yes.
We are stoked to be a part of their journey as we look to plan out the next few years for them so they can capitalise on this great outcome of their stellar property they found and built through Axon. Congrats to all involved!

What comes to mind for you when you take in this success story?
Rest assured, we will be back with LOADS of brand-new success stories in 2022 and beyond. We are currently managing the build of over 100 properties for our amazing Defence community, with PLENTY more to come in 2022. ✨
Are there some delays and supply issues along the way? Yes. Is every single one of our clients reaping the rewards of the rising property market right now? You bet.
If you have not started your property portfolio yet, 2022 could be your year.