20 Point Selection Process when considering a New Investment Property
We believe we've covered all the necessities here.
Our 20 Point Selection Process
- Must be located with 20 Kilometres of Anchor Infrastructure.
- Must be close to public transport, rail, buses, major arterial road links.
- Must be land and new construction project.
- Must have high-quality construction, finish, and inclusions.
- Each specific property design and feature list must have strong rental demand.
- The area must have a continued strong rental demand.
- The area must have identifiable support for above-average growth.
- Highest negative gearing advantage.
- Must have high-standard finishes.
- The contract price should be within 3% of a licensed bank valuation.
- Bank and Insurance Co approval.
- Minimum population of 100,000 in the region.
- Must be located in or near areas of high employment.
- Strong street appeal with spacious living areas.
- Ready to move into with phone connection, TV aerial, fly screen to windows, drive ways, clotheslines, storage, car accommodation, and window coverings
- Where covenant allows predominately block or brick construction.
- Must be close to waterways or beaches, where appropriate.
- Easy Access to complementary infrastructure.
- Schools, daycare and other educational facilities must be within 5klms
- Cash flows for each property should be matched against investors’ specific and anticipated income and equity position.