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SMSF Purchase
To source a property that was suitable for a Rooming House

Acquisition phase of property portfolio building

Client Brief: To source a brand new property in an area set for high capital growth in Sydney to add to 2 previous property purchases, both are positive cash flow so this slightly negatively geared property was fine. Full depreciation made it positive cash flow after tax. Therefore, the entire portfolio is still in a positive cash flow position.

Property Details:

  • 4 bedrooms
  • 2 bathrooms
  • 1 garage

Built 2018

Purchase price: $560k
Rent: $480 per week
Yield: 4.45%

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