| PROPERTY TYPE CRITERIA |
| Type |
2 or 3 bedroom |
| Internal Size |
85 – 160 sqm |
| Target Pricing |
$300,000 - $650,000 |
| Preferred Rate (per sqm) |
$4,000 - $9,500 p/sqm (can vary dramatically by location, quality and land size) |
| Comparable Sales |
Extensive due diligence on comparable sales undertaken |
| Contract Process |
Single contract |
| DEVELOPER DUE DILIGENCE |
DEVELOPER DUE DILIGENCE |
| Local Area |
Research suburb, infrastructure, amenities, council plans |
| Estate Developer |
Analysis of Estate plans (if in a masterplanned estate) |
| Build Quality |
Analysis of builder home designs, schedule of finishes, completion times, quality |
| Negotiation |
Pre-negotiated pricing and special offers for InvestorGroup investors |
| INVESTOR ESSENTIALS |
INVESTOR ESSENTIALS AND TARGET AVERAGES |
| Capital Growth |
Double every 10 years - Rule of 72 (7.2% compound annual growth) |
| Rental Return |
5% p.a. |
| Depreciation |
Maximized Depreciation reports are organized for InvestorGroup investors |
| Vacancy Rate |
Less than 3.0% |
| Property Management |
InvestorGroup always recommends an experienced local property manager. |
| PROJECT FUNDAMENTALS |
PROJECT FUNDAMENTALS |
| Location |
Within 10-20 km of a CBD (can vary slightly depending on the city) |
| Amenities |
Close to shopping, schools, recreational activities, pool, parks, playgrounds |
| Employment |
Convenient proximity to local employment centres and within a 30 minute drive of a CBD |
| Transport |
Within a 10 minute drive to public transport (car convenience is a priority) |
| Security |
All properties need to be secure as well as in "safe" areas. |
| Parking |
Very important. Single LUG (lock up garage) |
| Tenant Profile |
Singles and couples, plus families with maximum 1-2 children |
| KEY GROWTH DRIVERS |
KEY GROWTH DRIVERS |
| ("X" Factors) |
Designated Urban Renewal Area - any unique additional "value" being added to an area, such as:-
Public or private investment planned?
Proximity to water / beach / parkland / views?
New Road Infrastructure to be constructed?
Close to major existing / proposed Shopping Centre? |
|
