Deciding to invest in property should never be made based solely on tax benefits. This depreciation outcome however is like this is cream on top at the end of a really great transaction.
This very neat and tidy property is located in an exciting diverse location, and was purchased for only $429,000 (more than $20,000 under vendors original price expectations).
Our clients Robbie and Danielle have just received their independent Tax Depreciation Schedule which confirms there is still $210,461 worth of depreciation available to claim in the property. And add an impressive 5% rental yield! What a great start to Robbie and Danielle’s Investment journey!
Congratulations again Robbie and Danielle!