Sold
Apartment, 1 bedroom, 38 m²
Elysium Eco CityBlock 2Unit 2.5.12
Layout38 sq m, type A7.1 (block 2)
Bedrooms1
Bathrooms1
Living Area38 m²
Price per m²$ 3,882
Ceiling Height2.7 m
HandoverMarch 2028
FinishTurnkey
OwnershipLeasehold until 2053
$ 147,500
Down Payment from $ 14,750 (10%)
Rental Income Model
Purchase Price:
$147,500
ADR:
$85
Occupancy:
85%
Annual Net Income:
$17,141
ROI:
11.6%
Payback Period:
8.6 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $2,198 | $26,371 |
Management fee (18%) | -$396 | -$4,747 |
Other maintenance costs (cleaning, appliances, utilities, welcome packs, repairs, etc.) (17%) | -$374 | -$4,483 |
Net Income (Before Tax) | $1,428 | $17,141 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| Projected Sale PricePurchase Price $147,500 | $185,000 | $190,550 | $196,267 | $202,154 | $208,219 |
| Property Value Growth | + $37,500 | + $43,050 | + $48,767 | + $54,654 | + $60,719 |
| Cumulative Rental Income | $0 | + $17,141 | + $34,283 | + $51,424 | + $68,565 |
| Re-registration costs (2%) | - $3,700 | - $3,811 | - $3,925 | - $4,043 | - $4,164 |
| Total Net Profit | $33,800 | $56,380 | $79,124 | $102,035 | $125,120 |
| ROI | 22.9% | 38.2% | 53.6% | 69.2% | 84.8% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 23, 2026 | 25% | $36,875 |
During Construction | |||
| 2Payment 2 | Jan 23, 2027 | 15% | $22,125 |
| 3Payment 3 | Apr 23, 2027 | 15% | $22,125 |
| 4Payment 4 | Jul 23, 2027 | 15% | $22,125 |
| 5Payment 5 | Oct 23, 2027 | 15% | $22,125 |
| 6Payment 6 | Jan 23, 2028 | 15% | $22,125 |
Incentives | |||
| Paid with rental income | -10% | $14,750 | |