Is a Duplex in Your Strategy?

by | Mar 25, 2018

One of our Mentoring Clients secured this duplex in Newcastle. This property, pictured above, is a 2 x 3 bedroom, 2 bathroom, 1 LUG.

Rent both sides and is it positive cash flow, PLUS there are excellent tax benefits AND instant equity.

Deal Details 
Completion Date: September 2016
Package Price: $695K
Rent: $440pw rent each side
6.5% gross return
Recent valuation: $420K each side $145,000 gross gain
$35,000 tax deductions (1st year)

How we chose this property:
Duplex strategy
Instant equity
Great location
City with potential for capital growth
Positive cash flow

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