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, 38 m²

Elysium Eco CityBlock 2Unit 2.4.31
Layout
38 sq m, type A8.1 (block 2)
Bedrooms
1
Bathrooms
1
Living Area
38 m²
Price per m²
$ 3,882
Ceiling Height
2.7 m
Handover
March 2028
Finish
Turnkey
Ownership
Leasehold until 2053
$ 147,500
Down Payment from $ 14,750 (10%)

Rental Income Model

Purchase Price:

$147,500

ADR:

$110

Occupancy:

85%

Annual Net Income:

$22,183

ROI:

15%

Payback Period:

6.6 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 $147,500$195,000$200,850$206,876$213,082$219,474
Property Value Growth+ $47,500+ $53,350+ $59,376+ $65,582+ $71,974
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$43,600
Up icon$71,516
Up icon$99,604
Up icon$127,869
Up icon$156,316
ROI
Up icon29.6%
Up icon48.5%
Up icon67.5%
Up icon86.7%
Up icon106.0%
Value GrowthRentCostsProfit

Payment Plans

Down Payment
1Oct 23, 202625%$36,875
During Construction
2Jan 23, 202715%$22,125
3Apr 23, 202715%$22,125
4Jul 23, 202715%$22,125
5Oct 23, 202715%$22,125
6Jan 23, 202815%$22,125
Incentives
Paid with rental income-10%$14,750