To purchase this property, you would need approximately $70,000 [@ 90% Lend] - $115,000 [@ 80% Lend] in available equity or cash.
Based on the numbers this property is cash flow positive $207/week [$10,764] in the first year, and including capital growth there’s a potential to make a gain of approx. $43K after just the first year.
This property is 100% turn-key and ready for tenant immediately - standard inclusions are; air-conditioning, blinds, security screens, full landscaping, fences, antennas, clothes line and letterbox. All council fees and charges [soil test and engineering] are covered by the builder and you get a 12-month maintenance period [for any defects] and a 20-year structural guarantee. There’s no hidden costs, surprises or extras for you to organise.