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Property 2
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Brand new three bedroom townhouse with ensuite and heat pump, open plan living, granite benches in kitchen, Euro appliances, single garaging, alarm and off street parking. Located in a new subdivision in fast appreciating area. Short commute to the CBD.

Price: $369,000
Outgoings: $920.65pa
Appraised Rental: $420 - $430pw

Depreciation:
Propellor will introduce you to a Chartered Accountant who can prepare a comprehensive depreciation schedule that allows you to claim back a value of the building and chattels. This is an important element to property investment as allows you a tax saving off your personal income. The depreciation rate on furniture, fixtures and equipment (FF&E) in particular on new buildings can be very high.
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