A Brisbane project marketing company has released a new housing product — and it could be a real money-spinner.
The home design, which looks like an average house from the street, has one three-bedroom residence for families and a separate smaller one-bedroom unit, as well as solar systems which can be sold to both tenants and the grid.
It was designed by Property Direct following two years of research and discussions with local councils, banks, renewable energy companies, architects and builders.
Property Direct managing director David Beard said his team had been frustrated by the lack of innovation in the property market.
“We believe the PD Smart Homes will set a new benchmark for property investors,” he said.
“Our product offers low entry costs, low holding costs, high year-round yields with potentially superior long-term capital gains and little, if any, chance of market oversupply.”
The houses have been designed to be cashflow positive with high rental returns, depreciation and tax savings and no body corporate fees.
A range of floor plans are available, with packages starting at $490,000 for a turnkey build across a number of high-growth regions in Greater Brisbane.
Mr Beard said weekly income from a $490,000 PD Smart Home was about $650, with a $550,000 Smart Home producing about $680, and a $650,000 house bringing in about $880.
Tenants benefit from and discounted electricity supplies and no body-corporate fees.
“Population growth in the outer ring of Brisbane is expected to flourish in the next 20 years,” Mr Beard said.
“These are the areas to aim for when considering a high-growth, high-return investment property. Locations that provide easy access to employment hubs and artillery roads are ideal, and this is exactly what the outer ring of Brisbane will provide over the coming years.”
Find out more about PD Smart Homes at www.pdsmarthomes.com.au