Building vs Buying
Buying
The benefits of buying a finished Rooming House include:
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immediate cash flow
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you can physically see and inspect the property before you buy - you know exactly what you're getting
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the property may be in a highly desirable, established suburb where there may not be opportunities to purchase and develop vacant land
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suitable for SMSF
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exact information of current lease value (compared to projected lease values which may fluctuate marginally for new builds)
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exact information on outgoing costs
Building
The benefits of building a new Rooming House include:
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the full 6.5 years of Builder's Warranty
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full depreciation benefits
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a smaller deposit required to finance the build
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lower stamp duty costs for the land compared to a finished build
With House & Land Packages, you'll also get the following benefits:
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construction fully project managed for you
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an efficient delivery timeline of 4-5 months (compared to the typical 9 month delivery with other builders)
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effective build designs, and effective furniture and appliance packages which have been market tested for greater value
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choice in the colour range for your property
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experienced property management with abundant data on leasing results in most suburbs and locations for optimal rental pricing
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access to sales evidence for as-constructed valuations
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scheduled value uplift of your property once complete
If you would like to receive a detailed, step-by-step guide on how to leverage a Rooming House & Land Package and fast-track your way to a positive cash-flow, high-yield property investment portfolio, click the link below!
