| Apartment: An individual unit in a multi-unit building (usually strata titled) | |
| APARTMENT CRITERIA | |
| Type | 1 bedroom, 1 + study, 2 bedroom |
| Price range | $300,000 - $650,000 |
| Preferred Sq/m Rate | $7,000 - $9,500 p/sqm |
| Comparable sales | Extensive due diligence on comparable sales undertaken |
| DEVELOPER DUE DILIGENCE | |
| Build Quality | Due diligence on construction quality, design, delivery time |
| Negotiation | Pre-negotiated pricing and special offers for Ironfish clients |
| INVESTOR ESSENTIALS | |
| Capital Growth | 9% - 12% p.a. (targeted average) |
| Rental Return | 5% - 5.5% p.a. (targeted average) |
| Depreciation | Maximized Depreciation reports are organized for Ironfish investors |
| Vacancy Rate | 0 - 2.5% |
| Property Management | Ironfish always recommends an experienced local property manager |
| PROJECT FUNDAMENTALS | |
| Location | Within 5-10 km of a CBD (can vary slightly depending on the city) |
| Amenities | Near lifestyle areas including shops, cafes, restaurants etc |
| Employment | Proximity to a CBD or major employment centre |
| Transport | Within 10 mins walk to public transport - train, bus, tram, ferry etc |
| Security | High level of building security is important to most tenants |
| Parking | Not essential - depends on specific location, transport amenities available & likely tenant preferences |
| Tenant Profile | Mainly professionals - singles, couples (with or without children) and students. |
| KEY GROWTH DRIVERS | |
| Key Growth Drivers ("X" Factors) |
Urban Renewal Area? |
| Proximity to water / beach / parkland / views? | |
| New Road Infrastructure to be constructed? | |
| Close to major existing / proposed Shopping Centre? | |
| Close to Major University Campus / Educational institution? | |
| Any other unique, additional "value" being added to an area – public or private investment planed? | |
What Ironfish Clients Say
"After attending Ironfish’s seminar, I have a fresh understanding of investment. I am fully confident that with Ironfish’s property investment strategies..."
Hector, Accountant
"With Ironfish’s help, I bought my very first investment property and within a few months, my property has already gone up in value by $40,000 – 50,000..."
James, Accountant
"We have so far bought three properties from Ironfish, and it has always been a pleasure to benefit from Ironfish’s professional experience in the property market. "
Francis, IT Professional
"Ironfish not only provide property research information, but also educate their clients on how to invest and manage their individual property portfolios..."
Joe, Financial Planner
