SquareSell
Elysium Eco City 38 sq m, type A8.1 (block 2) floor 1 plan
Elysium Eco City 38 sq m, type A8.1 (block 2) gallery image 1
Elysium Eco City 38 sq m, type A8.1 (block 2) gallery image 2
Elysium Eco City 38 sq m, type A8.1 (block 2) gallery image 3
Elysium Eco City 38 sq m, type A8.1 (block 2) gallery image 4
Elysium Eco City 38 sq m, type A8.1 (block 2) gallery image 5
Elysium Eco City 38 sq m, type A8.1 (block 2) gallery image 6
Sold

Apartment, 1 bedroom, 36 m²

Elysium Eco CityBlock 2Unit 2.3.31
Layout
38 sq m, type A8.1 (block 2)
Bedrooms
1
Bathrooms
1
Living Area
36 m²
Price per m²
$ 3,958
Ceiling Height
2.7 m
Handover
March 2028
Finish
Turnkey
Ownership
Leasehold until 2053
$ 142,500
Down Payment from $ 14,250 (10%)

Rental Income Model

Purchase Price:

$142,500

ADR:

$110

Occupancy:

85%

Annual Net Income:

$22,183

ROI:

15.6%

Payback Period:

6.4 years

MonthlyYearly

Gross Rental Income

$2,844$34,128

Management fee (18%)

-$512-$6,143

Other maintenance costs (cleaning, appliances, utilities, welcome packs, repairs, etc.) (17%)

-$483-$5,802

Net Income (Before Tax)

Up icon$1,849
Up icon$22,183

Resale Projection

Handover 2028
202920302031
Projected Sale PricePurchase Price $142,500$195,000$200,850$206,876$213,082$219,474
Property Value Growth+ $52,500+ $58,350+ $64,376+ $70,582+ $76,974
Cumulative Rental Income$0+ $22,183+ $44,366+ $66,549+ $88,732
Re-registration costs (2%)- $3,900- $4,017- $4,138- $4,262- $4,389
Total Net Profit
Up icon$48,600
Up icon$76,516
Up icon$104,604
Up icon$132,869
Up icon$161,316
ROI
Up icon34.1%
Up icon53.7%
Up icon73.4%
Up icon93.2%
Up icon113.2%
Value GrowthRentCostsProfit

Payment Plans

Down Payment
1Oct 23, 202625%$35,625
During Construction
2Jan 23, 202715%$21,375
3Apr 23, 202715%$21,375
4Jul 23, 202715%$21,375
5Oct 23, 202715%$21,375
6Jan 23, 202815%$21,375
Incentives
Paid with rental income-10%$14,250