While established properties have the security of a proven rental history and a known desirable location, canny investors are seeing value in building their own and are looking to house and land packages.

It’s not hard to see why. For one thing, new houses often attract better tenants, and tenants love new homes; they’ve got modern floor plans and features, and everything is in perfect condition.

For the investor, new houses can also give better rental returns too.

Here are some more benefits why land and house packages make great investments.

Maintenance

Quality new properties generally come with fewer maintenance issues than older ones. Plus the building, fixings and fittings will be often be covered by a builder’s guarantee. This means significant savings in maintenance for the investor for the first few years. And less stress and hassle for the tenants!

Depreciation benefits

Since the changes in legislation a couple of years or so ago, depreciation benefits are geared towards buying newer properties. We suggest talking to your accountant and a depreciation specialist to find out more, but you may well find you’re be able to claim against the high starting value of the building, fixtures and fittings.

Potential savings on stamp duty

Stamp duty is the necessary evil in property purchasing, and although legislation has brought about changes in the brackets, it still can be quite high. The advantage of investing in a new house and land package, is you may find you only pay stamp duty on the land component. We suggest talking to your financial specialist as there could be the potential of saving thousands of dollars.

Tailored to your requirements

The beauty of building your own investment property is that you can get the most suitable block and can tailor the property to your requirements to maximise the investment potential. Many investors really think about the ideal tenant they would like to attract and then customise the house and land package to suit them.

We have some great House and Land Packages going at Heartwood Estate Edgeworth. Conveniently located close to the Glendale shopping centre and with the M1 motorway just 6 minutes away, it ticks the box for many tenants. Plus, there are sports fields all within 4-7 minutes, 3 registered clubs including a bowling club all within 5-10 minutes and there are buses and trains close by. It is the perfect location for families and/or retirees alike. To instantly receive all the details on these great House and Land Packages simply text “Package” to 0488 884 520. 

Hotondo homes have over 90 flexible floor plans ranging from single to double storey homes, and split level and duplex designs. The team will work with you to ensure your new property suits your exact requirements and budget.

The properties include Ducted Air-Conditioning, and often are full of complimentary inclusions worth thousands giving you quality and value for money.

Get in touch with us to learn more about this one-off opportunity – give us a call on 02 4956 9777, send us an email to mail@newcastlepropertymanagement.com.au, pop into our Cardiff office for an informal chat, and don’t forget to text “Package” to 0488 884 520 for all the details on these House & Land Packages.

We do more than simply manage and sell property and we’re keen to share our knowledge and experience to help you realise your financial goals through property.

For more property management tips check out our Facebook page: www.facebook.com/NewcastlePropertyManagement