Tom Pettifer, Only Source Property

25/07/2023

Recent client deal 🔥

High growth Brisbane property / strong fundamentals with development upside

Location: Brisbane,
QLD Type: Residential
Purchase Price: $710
Expected Rent: $590
Net Yield: 4.32%
Vacancy Rate: 0.75%

WHY WE LOVE THIS PROPERTY:
-future development potential 810 sqm / splitter block
-Vacancy rates for the area are extremely low with high owner occupier levels in this region rents are likely to increase further
-Potential rent increase with minor renovation
-Close proximity to coast and major infrastructure
-Near popular marina with extensive redevelopment plans

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

25/07/2023

It is critical that you are aware the implications of buying through certain structures when purchasing a property. This will depend on your goals and outcomes ie whether you are flipping for short term profit, holding for the long term, buying a principal place of residence etc. There are a multitude of factors to consider and you need to determine which entity suits your goals and needs

There are various benefits and disadvantages for each structure

That’s why as mentioned in a prior post it is important you are engaging an accountant that works with property investors as there is a plethora of factors to consider ie
Capital gains tax, succession planning, profit distribution, risk mitigation, asset protection, negative gearing just to name a few. It can be a very expensive and costly exercise if you select incorrectly and pay a heap of unnecessary capital gains tax on sale or are forced to change your entity and incur stamp duty again on transfer. Hence it is vital you receive professional advice prior to purchasing to safeguard any potential pitfalls in the future and understand exactly why you are selecting the entity you decide on

[email protected]
www.paliseproperty.com

06/07/2023

RECENT CLIENT DEAL 🔥

Investor's Dream: Low-Maintenance

Property Generates Strong Yields with Ideal Location

Location: Northern Queensland
Type: Residential
Purchase Price: $472,500
Expected Rent: $500/wk
Rental Yield: 5.50%
Vacancy Rate: 0.5%

WHY WE LOVE THIS PROPERTY:
- Well positioned property in a tightly held suburb
- Long term and sustainable growth
- Low maintenance, set and forget investment
- Strong yield
- Low Vacancy rates are sitting low which usually indicates an increase in rents

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

29/06/2023

Revamped Residential Project Approved for Subdivision in Promising Growth Zone

Location: North Perth, WA Type: Residential Purchase Price: $602,000
Expected Rent: $610/wk
Gross Yield: 5.27%
Vacancy Rate: 0.43%

WHY WE LOVE THIS PROPERTY:

- Well positioned property in a tightly held and rapidly growing region
- Recently renovated brick low set home with close proximity to the coast and
surrounding affluent suburbs
- Property is situated on a large circa 700sqm block and a battle axe subdivision is permissible on this site
- Close proximity to nearby parks, walking distance to shopping centre, schools and
amenities

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

29/06/2023

Highest and best use

The use of an asset that maximises its potential and that is physically possible, legally permissible and financially feasible”.

With a duplex development we are utilising the highest and best use by increasing the building supply across the land parcel.

Being a simple one into two either via strata or Torrens title on completion, a duplex development can be a relatively straight forward subdivision process. Our feasibility analysis and market research will allow us to identify the sweet spot for build costs and finishing the build to best suit the target consumer to create the most profitable outcome for our projects bottom line

If you are interested in being involved in a duplex property development please feel free to reach out for a no obligation chat

[email protected]
www.paliseproperty.com

22/06/2023

Recent Client Deal 🔔

Unveiling the Hidden Gem in an Up-and-Coming New Area

Location: Adelaide Coast, SA
Type: Off Market Residential
Purchase Price: $417,000
Expected Rent: $370 p/wk
Rental Yield: 4.51%
Vacancy Rate: 0.23%

WHY WE LOVE THIS PROPERTY:
- Highly sought-after and tightly held suburb
- Brick low set home positioned on a corner. Excellent development site in the future whilst still retaining existing dwelling (STCA)
- Best of both worlds, 10 mins to the beach and 40 mins to Adelaide CBD.
- Extremely low vacancy rates, likely to increase rent in the near future

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

19/06/2023

Recent client deal 🔔

Growth and cashflow!!

Location: Brisbane,
QLD Type: Residential
Purchase Price: $605,000
Expected Rent: $560/wk
Net Yield: 4.81%
Vacancy Rate: 0.47%

WHY WE LOVE THIS PROPERTY:
-Value add opportunities (granny flat or future development with the 2 street frontages)
-Vacancy rates for the area are extremely low with high owner occupier levels in this region rents are likely to increase further
-Potential rent increase with minor renovation .
-Property Purchases $16k less then initial advertised price
-Dual income potential once install kitchenette bottom floor
-High Growth Residential Property with Dual Street Frontage Offers Prime Investment

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

19/06/2023

A duplex can offer the best of both worlds

Whether you are an active investor that seeks to manufacture equity for short term profit or whether you are passively holding assets based on fundamentals for the long term a duplex strategy can cater for your investment goals on both fronts

As mentioned above while we are manufacturing healthy uplift in the short term we are also sourcing in areas with high demand and scarcity supported by strong fundamentals. Therefore we can also enjoy the compound growth over the long term at only house at a fraction of the cost of the surrounding house market

Combined with a plethora of exit options ie sell both, hold one buy one or hold. A duplex provides a variety of options for various investors at all different stages of their investment journey

If you are interested in being involved in a duplex property development feel free to reach out for a no obligation chat

[email protected]
www.paliseproperty.com

17/05/2023

Recent client deal 🔥

The Details
Location: Adelaide Coast, SA
Type: Off Market Residential
Purchase Price: $550,000
Expected Rent: $520 p/wk
Rental Yield: 4.92%
Vacancy Rate: 0.31%

Why we love this property
Other Properties in the area, comparable sales $550,000-580,000
Only short drive to the beach and close proximity to nearby restaurants, schools and amenities,
Enjoys the best of both worlds located within proximity to the coast and Adelaide CBD.
Proximity to the coast and affluent coastal suburbs which are currently experiencing strong growth
The property is a brick low set home positioned on a corner which would make an excellent development site in the future (STCA )

If something like this would fit well in your portfolio feel free to reach out for a chat

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

13/05/2023

Recent client deal 🔥

Undervalued Hidden Gem in Booming Region

Location: Adelaide Coast, SA
Type: Off Market Residential
Purchase Price: $465,000
Purchased under market value $35,000-55,000
Expected Rent: $470 p/wk
Rental Yield: 5.26%
Vacancy Rate: 0.31%


WHY WE LOVE THIS PROPERTY:

- Other Properties in the area, comparable sales $500,000-520,000
- Great mix of affordability and lifestyle
- long term and sustainable growth within the region
- Big planned infrastructure spends and diverse employment opportunities (New train line planned)
- Low vacancy rate potential for rent increase in the future
- less than 1km to beach
- Side access to property as corner lot

If something like this would fit well in your portfolio feel free to reach out for a chat

[email protected]
www.paliseproperty.com

13/05/2023