Why trawl through “real estate for sale” ads when a simple visit to Property Choice is all that is needed for a professional start to your real estate portfolio.
Property Choice provides the avenue for you to thoroughly assess, decide, purchase and manage your real estate investment from now into the future.
Why Residential Property?
Solid and increasing rental property incomes. Over time a rental property in the right area will always be “in demand” and unlike some other investments, both the basic capital value and the returns will continue to increase.
Choosing an Investment Property
Investment property, carefully assessed, will provide an income-producing asset with a long term, increasing income stream from rental, tax deductions, represent long term wealth creation through capital growth and, over time, collateral security for further investment.
Put away the ego and the rose coloured glasses, this is a straight up business decision to improve your net worth.
You are looking for investment properties with the following characteristics:
- Location: High growth areas with significant capital growth potential. High rental demand.
- Close to transport facilities, schools, shopping, open spaces and general amenity.
- Spacious and sound design with room to live inside and out.
- Solid and lasting construction: High quality building standards, materials and fittings with low maintenance building and grounds. Aesthetically pleasing and sustainable landscaping. Good quality invariably means lower long term costs. Quality of finish and construction is remembered long after price is forgotten.
- Meeting Bank and Insurance Company approval.
- Reputable Property Managers to manage your investment.
All these features combine to create a reasonable expectation of good quality, longer term tenants, above average rental returns and strong capital growth. From the beginning, Property Choice’s aim is to source niche project opportunities in locations that meet investor financial goals.
New or Existing Properties?
Only new and fully renovated/refurbished properties qualify for full depreciation allowances. Start with a clean slate, reasonable expectation of good quality tenants; often older tired properties come with unforseen problems and undesirable tenant histories.
Considerable stamp duty savings are available with new property along with maximum legitimate depreciation of appliances, fixtures and fittings.
Property Choice has a substantial track record of successful property investment and developing new and completely refurbished investment properties in conjunction with experienced developers and builders.'
Wealth Creation through Property Investment
Medium to long term capital appreciation is a certainty with the right property in the right area. Reduced taxation through variations to withholding tax, particularly for PAYE taxpayers, combined with rental income minimises the impact on your cash flow.
> Negative Gearing and Tax Deductions
Before you start Investing in Property
Consider your investment objectives and means; selecting a residential property investment strategy which minimises your initial outlay, has a stable ongoing and increasing cash flow and ultimately capital gains can be a very rewarding plank in your investment portfolio.
Let Property Choice consultants develop your unique Optimum Property Investment Profile to match your wealth building goals.
First steps to Finding Investment Opportunities
Work with a reputable property consultant. Investing in rental property is very different from buying a home to live in, and that is why it is so important to deal with people who specialise in investment property.
Buyers Advocacy
This term is referring to a real estate buyers agent who gives you professional advice as to what property to buy. Buyers Advocates will research property for you, weigh up the investment risks and negotiate the best price with the vendor of the property. This is usually done through dealing with the selling agent.
The average fee of an investment property buyer's agent in, say, Melbourne is around $6000 or 2% plus GST of the eventual purchase price
With Property Choice, you can enlist the services of a Buyers Advocate; and access to ideal investment properties, not available to the general market!
Financing your Investment
Property Choice can obtain an independent formal valuation from a Certified Valuer to ensure you adopt a sustainable debt to equity ratio.
Ensure correctly structured finance from a stable mortgage originator. Discover what's possible! For example, how much you can afford to borrow and to invest; Property Choice can refer you to independent financial planners and financiers.
Check the property development you choose is securely financed to ensure completion and future maintenance.
Property Choice Services
We undertake negotiations directly with other developers and also have our own investment property development projects. This provides you, our investment client, with a range of the "best" options and leaves you open to make your own decision.
Compare the traditional way with the Property Choice process
| Traditional Way | Property Choice Process |
| You search agents and newspapers for property | Assess your investment requirements and objectives |
| Select Properties for Purchase | Establish your optimum property investment profile |
| Research and secure funding | Review available new property options against your profile |
| Engage a Buyers Advocate | Select best properties |
| Attend Auctions | Examine estimates for depreciation, cost schedules and cash flow |
| Buy property | Issue Tenders for preferred properties |
| Pay Real Estate Agents Commission | Contract to Buy property subject to finance and valuation |
| Pay Buyers Advocate | Buy property |
| You Develop Depreciation and Cost schedules | Pay Less for your investment property |
| Hope that your investment works | Understand your investment, with full information about cash flow, expenses etc, and how your investment will work for you |
We service clients who are looking for investment property around Australia and we have projects that are due for completion this year, in various areas.