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 2.4.13
Layout
38 sq m, type A8.1 (block 2)
Bedrooms
1
Bathrooms
1
Living Area
36 m²
Price per m²
$ 4,333
Ceiling Height
2.7 m
Handover
March 2028
Finish
Turnkey
Ownership
Leasehold until 2053
$ 156,000
Down Payment from $ 15,600 (10%)

Rental Income Model

Purchase Price:

$156,000

ADR:

$110

Occupancy:

85%

Annual Net Income:

$22,183

ROI:

14.2%

Payback Period:

7 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 $156,000$195,000$200,850$206,876$213,082$219,474
Property Value Growth+ $39,000+ $44,850+ $50,876+ $57,082+ $63,474
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$35,100
Up icon$63,016
Up icon$91,104
Up icon$119,369
Up icon$147,816
ROI
Up icon22.5%
Up icon40.4%
Up icon58.4%
Up icon76.5%
Up icon94.8%
Value GrowthRentCostsProfit

Payment Plans

Down Payment
1Oct 23, 202625%$39,000
During Construction
2Jan 23, 202715%$23,400
3Apr 23, 202715%$23,400
4Jul 23, 202715%$23,400
5Oct 23, 202715%$23,400
6Jan 23, 202815%$23,400
Incentives
Paid with rental income-10%$15,600