Sold
Apartment, 1 bedroom, 36 m²
Elysium Eco CityBlock 2Unit 2.4.15
Layout38 sq m, type A8.2 (block 2)
Bedrooms1
Bathrooms1
Living Area36 m²
Price per m²$ 4,333
Ceiling Height2.7 m
HandoverMarch 2028
FinishTurnkey
OwnershipLeasehold until 2053
$ 156,000
Down Payment from $ 15,600 (10%)
Rental Income Model
Purchase Price:
$156,000
ADR:
$90
Occupancy:
85%
Annual Net Income:
$18,150
ROI:
11.6%
Payback Period:
8.6 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $2,327 | $27,923 |
Management fee (18%) | -$419 | -$5,026 |
Other maintenance costs (cleaning, appliances, utilities, welcome packs, repairs, etc.) (17%) | -$396 | -$4,747 |
Net Income (Before Tax) | $1,512 | $18,150 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| 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 | + $18,150 | + $36,299 | + $54,449 | + $72,599 |
| Re-registration costs (2%) | - $3,900 | - $4,017 | - $4,138 | - $4,262 | - $4,389 |
| Total Net Profit | $35,100 | $58,983 | $83,037 | $107,269 | $131,683 |
| ROI | 22.5% | 37.8% | 53.2% | 68.8% | 84.4% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 24, 2026 | 25% | $39,000 |
During Construction | |||
| 2Payment 2 | Jan 24, 2027 | 15% | $23,400 |
| 3Payment 3 | Apr 24, 2027 | 15% | $23,400 |
| 4Payment 4 | Jul 24, 2027 | 15% | $23,400 |
| 5Payment 5 | Oct 24, 2027 | 15% | $23,400 |
| 6Payment 6 | Jan 24, 2028 | 15% | $23,400 |
Incentives | |||
| Paid with rental income | -10% | $15,600 | |