There are many potential advantages when you buy an off the plan property. Purchasing a property in this way enables you to buy a property
for tomorrow, at today's prices. This means the value of the property
can greatly increase before it is completed and your tenant moves in.
Buying a new property saves you money on stamp duty. As an investor you
will also gain as you can claim significant tax deductions for depreciation,
not only of the building, but also for the fittings.
Final payment for the property is not due until completion, and this gives
you more time to sell or refinance any existing properties you need to, to make this
new investment.
There is a huge variety of investment properties on the market being sold
off the plan. These range from small, one bedroom units to large penthouses.
Buy Off The Plan are being sold in a variety of desirable locations
around Australia.
New homes can be incredibly appealing to tenants as they offer low maintenance
living. Because you are buying a new property, prior to completion, you
also have greater say in the finishes, layout and style of the interior.
This may enable you to adapt the property to your investment needs.
Please visit us online to view: Buy Off The Plan