BELMONT 24A | LOT 1 WALLA LOOP, KYABRAM
$569,712
Lot size: 583m2
House Size: 228.28m²
Turnkey investment package now available in Kyabram! Land titles soon. This package offers a rental return of $550-$580* per week, this is a fantastic opportunity for investors.
Included in this package:
- Landscaping
- Fencing
- Additional external concrete
- Clothesline
- Letterbox
- Lifestyle Value Lighting pack
Why build your new investment property?
New properties generally contain higher depreciation deductions than established ones. This is because new properties are not affected by the 2017 legislation changes and their owners are eligible to claim plant and equipment assets.
Construction costs generally increase over time, making capital works deductions on new buildings higher.
In the 2021-22 financial year, BMT data shows brand new properties claimed an average of $15,363 in first full-year depreciation deductions, while fairly new properties claimed an average of $8,032.
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Peter Muggleton
New Home Advisor