Educated Investment
The project proposes to be a state of the art teaching and training facility.
The development is located 13km to the south of the Wollongong Central Business District and located in a growth centre of the Illawarra area and has an established commercial town centre which has recently had a substantial increase through the growth of the Stocklands Shopping Centre. The main growth area is situated to the west of the Dapto town centre in the area known as Horsley. In 2010, Wollongong City Council has rezoned large tracts of undeveloped rural land which allows for residential development in the Horsley area, along with land for employment and business.
This is your opportunity to get into this in high demand area and property, at a low entry point with the potential for over $ 60,000 in early bird purchase incentives (Over $ 60k INSTANT EQUITY)
A typical studio unit in the development will comprise of foyer, bathroom, plus areas for a bed, wardrobe, dining room table and kitchen with a balcony.
With our special Investor Package that we have negotiated on this property, we can assure those that get in early - YOU WILL NEVER BUY AT THIS PRICE AGAIN. Contact us to find out why ??
| Development Price Range | $ 200,000 - $ 350,000 |
Property Style | Apartments |
Investor Features | SpecialUpto $ 85,000 worth of discounts can apply - ask us how |
Deposit / Equity | 10%Or higher for lower purchase price |
Members Research  This page presents most of the Investment and Area aspects which should form the basis of every Investors decision making process. Investor SynopsisCOSTS
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| Price: | $ 200,000 |
Stamp Duty: | $ 0 |
Min Cash Deposit : | 10% |
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Capital Growth, Population and Projections
Investment Assumptions and Returns
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Levies and Fees
- Strata: $ 4,660 pa.
- NOTE: Figures are based upon "Total outgoings" - although the 6star green costs reductions have not been taken into account, therefore this figure will be greatly reduced.
- Returns
- IRR 4.7%.
- Gross Yield 9%
- Weekly Cash-flows $ 50 per week (positive)
- Investor Assumptions
- Single Person Entity.
- Income (via MTR) 31.5%
- Australian Tax Resident
Researchers Top Identifiers
Property
1The proposed development will comprise of studio apartments and one bedroom dual key units.
2SWAT Analysis
Strengths – A development which forms part of the Illawarra Employment and Teaching Centre,
with there being a strong demand for accommodation associated with the development.
Weaknesses – Nil.
Opportunities – Potential for growth in rentals, as there is limited similar accommodation
available.
Threats – Nil. There are similar competing accommodation facilities available.
3The development is planned to include approximately 43,000 sq.m. of teaching, administration, forum & further education facilities, 43,000 sq.m. of dual function theory/accommodation multi-purpose spaces, 43,000 sq.m. of practical training spaces and 86,000 sq.m. of accommodation facilities including 25% affordable accommodation.
4The Centre will generate significant economic activity in the Dapto area. During its 10 year construction phase, the $ 700 million development will generate a further $ 1.3 billion in economic activity in the region and the economy generally. It will provide valuable infrastructure for the Dapto community
5Special Developer offer - $ 65,000 worth of incentives EXCLUSIVE TO CIP - Hurry expires April 2011.
Area
1 Population is expected to increase by approximately 59,000 people over the next 25 years, driven largely by migration from the Sydney basin. Department of Infrastructure Planning and Natural Resources Illawarra and South Coast Regional Strategies, Background Paper
2 Dapto is identified in the Illawarra Regional Strategy as an 'emerging' major regional commercial centre, with strong employment growth prospects. Indicating 'A concentration of mid to high density living, business, employment, professional services and specialized shops .
3 West Dapto is a major greenfield release area and an important component of the Illawarra and Greater Sydney Metropolitan Area housing supply market.
4 Dapto earmarked as a major regional centre with expected population, commercial and residential growth similar growth to Chatswood, Parramatta and Hurstville in the last 10 years.
5 IETC forms part of this Major Plan for the Illawarra, creating a significant world class forum for employment, education, teaching & training along with investment & business opportunities.
As a result of the release of the West Dapto Master Plan there is an additional 47,000 people expected to move into the region over the next 20 years.
The IETC will generate significant economic activity in the Dapto area. During its 10 year construction phase, the 0 million development will generate a further .3 billion in economic activity in the region and the economy generally..
Current list of Studio Apartments Available
| Unit | Size including balcony | Floor | Price |
| 2 | 36 m2 | Ground | $ 200,000 |
| 3 | 36 m2 | Ground | $ 200,000 |
| 4 | 36 m2 | Ground | $ 200,000 |
| 5 | 36 m2 | Ground | $ 200,000 |
| 6 | 36 m2 | Ground | $ 200,000 |
| 7 | 36 m2 | Ground | $ 200,000 |
| 11 | 36 m2 | Ground | $ 200,000 |
| 12 | 36 m2 | Ground | $ 200,000 |
| 13 | 36 m2 | Ground | $ 200,000 |
| 14 | 36 m2 | Ground | $ 200,000 |
| 20 | 36 m2 | 1st | $ 200,000 |
| 27 | 36 m2 | 1st | $ 200,000 |
| 28 | 36 m2 | 1st | $ 200,000 |
| 29 | 36 m2 | 1st | $ 200,000 |
| 30 | 36 m2 | 1st | $ 200,000 |
Downloads Reservation / Enqury Form |
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