To successfully build a property portfolio you need two things; capital growth + cash flow.
Below is a 4 bedroom home we’ve sourced in Mango Hill, an up-and-coming suburb in the northern growth corridor of Brisbane.
It provides both positive cash flow and long term capital growth.
This property is located in Villa Worlds’ Park Vista development, and is perfectly situated for easy access to a host of local amenities.
North Lakes and Moreton Bay are right in your backyard, while Westfield North Lakes, accessible by bus, is just over 3km away and there’s only 4km to the North Lakes Golf Club.
The area offers more than a dozen schools and colleges and by late 2016, access to inner Brisbane will be easier via the Moreton Bay rail link, which includes a train station just a short walk from Park Vista’s latest release.
For more details on the Park Vista development click here
A fixed price, turn-key, cash flow positive 4 bedroom property located in the suburb of Mango Hill in Moreton Bay QLD.
Here’s how the numbers look;
Purchase Details | |
House Price: | $207,900 [169 sqm] |
Land Price: | $262,000 [391 sqm] |
TOTAL PRICE: | $469,900 |
Rental Details | |
Rent: | $460 pw [5.09% yield] |
CASH FLOW: | +$117 pw* [$6,084 pa] |
Investment Return | |
10 Yr IRR | 44.41% [pre-tax return on all money invested over 10 yrs] |
1 Yr RETURN | $41,327 [$6,084 rent + $35,243 capital growth] |
*based on borrowing 90% of purchase costs at a rate of 4.25% with tax credits calculated using an annual income of $80,000.
This property is cash flow positive $117/week [$6,084 pa] in the first year.
In total, including capital growth, there is a potential to make ~$41K after just one year.
To purchase this property, you will need approximately $70-110K in available equity or cash [depending on your loan size]
South-East Queensland Region showing location of Moreton Bay
Mango Hill is situated within the Moreton Bay regional council in South-East Queensland [SEQ] – one of the fastest growing regions in Australia.
The suburb is ideally located between Brisbane and the Sunshine Coast and only 20 mintutes by car to the booming Australia TradeCoast region.
The suburbs accessibility is about to be radically improved with the opening of the new $1.5 Billion Moreton Bay rail link which is anticipated to have a highly stimulatory effect on both dwelling demand and values.
The suburbs of Mango Hill and North Lakes are projected to record one of the highest rates of population growth in the Moreton Bay Region, with more than 13,700 new residents expected to call the area home over the next 10 years. It is estimated that a total of 6,600 new dwelling will be required to service the needs of this growing population.
https://www.youtube.com/watch?v=9RSkGinYHts
For a more detailed profile of Mango Hill click here
Property powerhouse John McGrath says there’s only one place in all of Australasia to be buying real estate right now – and that’s in South-East Queensland. To read why he and many other experts are so keen on SEQ click here
We’ll provide you with all of the details you need to make an informed investment decision. This includes a detailed Property Investment Analysis [PIA] report, property brochure, site plan, inclusions list, a rental and sales appraisal from local real estate agents, area research reports and any other relevant supporting information.
To secure this property you will need to complete a simple Expression of Interest [EOI] form and pay a refundable holding deposit [usually $1,000]. Your offer is also subject to finance and is not binding should you not be able to get finance approval.
Unlike other property groups out there we don’t develop and on-sell our own property, instead we go to great lengths to ensure the properties and areas we recommend have the greatest chance of out-performing the broader market. That’s why we avoid apartments, projects where there are too many investors, and areas that are reliant upon one industry, such as mining towns. We’ve built up a strong network of developers and builders around Australia and have worked hard to source these properties.
We only work with reputable builders who get the job done, so build times are less than 180 days. The properties are also 100% turn-key and ready for tenants to immediately occupy – standard inclusions are; air-conditioning, blinds, security screens, full landscaping, fences, antennas and letterbox. All council fees and charges [soil test and engineering] are covered by the builder and you get a 12-month maintenance period [for any defects] and a 20-year structural guarantee. There’s no hidden costs, surprises or extras for you to organise. We can also help you find an excellent local property manager and arrange to have a full depreciation schedule completed at the end of the build.
Since the Sydney and Melbourne property markets have peaked, SEQ has been getting more attention in the media – so the word is getting out… What this means is overall there is less stock available and the uptake is pretty fast – many properties sell within 1-2 weeks of being released. So if you are interested in any of the deals we send through please contact us immediately so we can put a temporary hold on them for you.
The above information and service is provided by Urbantech Property Pty Ltd [ABN: 65 127 477 490] trading as Real Investar. Real Investar is the provider of generalised property investment education and advice, not financial advice or credit advice.
Cheers,
Sam
Real Investar | Urbantech Group
PS. Why are we promoting property in SEQ?? – we explain here
PPS. We recently profiled a duplex property in the Ormeau, Gold Coast – you can view it here