– 4-bedroom home in high growth area Tarneit
– ~7.05% pa net rental yield from commercial lease
– Approx $44 Initial Brick Price
– ZERO buy transaction fees when you pre-order Bricks. T&Cs apply.
We are excited to announce we have another new Melbourne property coming very soon!
This property is located in Tarneit in the Wyndham region of outer west Melbourne which is projected to have the 11th highest population growth in Australia over the next 10 years^. This property is a display home part of the Newgate estate masterplan and is occupied by the developer under a commercial lease arrangement.
Lionsgate Crescent, Tarneit
- Estimated Net Rental Yield of 7.05% pa1
- Historic annual suburb growth of approx 5%2
- Low Initial Brick Price of approx. $44
- <50% Gearing on Property Purchase
We will be launching Pre-orders in this property later this week. Please note there are ZERO transaction fees on Bricks purchased during the pre-order period! T&Cs apply.
If you would like to purchase Bricks in this property, deposit funds into your BrickX wallet now to be ready to pre-order with Build My Own.
Funds deposited using POLi are available instantly and funds deposited using BPAY® will appear in your wallet within 1-3 business days.
The Additional Disclosure Document for this investment is currently being finalised and will be made available shortly for you to consider if this is the right investment for you. See brickx.com/pds
^ Source: Official state and territory population projections released between 2013-2016 and 2018-2019.
1. Based on estimated property rental income of $1,232.31/week.
2. Cumulative Average Growth Rate. CoreLogic Median Price Index. Past performance is not an indicator of future performance.