WHY PURCHASE/LEASE
The rent vs buy argument
Excellent depreciation benefits
Interest rates remain at all time lows and therefore it is much cheaper to own than rent! For example, tenancy 1 market rent is $41,500 per annum net. If you borrow 70% your interest only cost is going to be circa $20,916 (based on an interest rate of 4%). So if you have the deposit, it just makes sense!
Being brand new, both tenancys present outstanding depreciation benefits – BMT Tax depreciation specialists have provided an indicative depreciation schedule for your consideration.
Minimal Land Tax
Location Location Location!
Land Tax continues to rise in Australia particularly when it comes to freehold assets. Strata has fast become a favourite among investors as annual costs are typically at much lower levels than comparable freehold properties.
Located in an ideal position on Johnston Street both properties offer outstanding amenity being only a stone’s throw away from all the iconic cafes and eateries Fitzroy has to offer.
12
182 JOHNSTON STREET, FITZROY
