Background
Existing rentvestors - Mevan and Nivedita, seek practical advice to grow their wealth
Imagine going from everyday dreamers to investment game-changers – that’s the journey our clients embarked on. Starting as rentvestors, Mevan and Nivedita were seeking further practical advice to grow their wealth.
Wealth Street helped optimise their investment portfolio by replacing their existing investment property with growth assets tailored for maximum returns. The outcome? Two savvy investments, one nestled in charming Mount Annan and another in Queensland’s family-oriented suburb of Hillcrest.
Their Mount Annan investment increased by $250k in value. And, with some smart tax moves, they’ve been pocketing $13,000 in annual tax savings from their first investment alone. Their Hillcrest investment also saved them another $25,000 in taxes.
Their financial returns are not just tax savings on paper. Back in 2020, they purchased the Hillcrest property for $705,000, and now it is valued at a solid $950,000 – that’s a 28.3% growth. They are also receiving $150 more rent than initially estimated reflecting a higher rental yield of 5.2% per annum.
Join Mevan and Nivedita in building lasting wealth through property and secure a brighter future.
By their third year, Mevan and Nivedita saw their first investment property value grow by $250,000
They now own two strong investment assets offering both substantial tax deductions and strong capital growth
"Property investment is more than a financial decision; it's a step towards crafting your own future"
28% growth in value
Strong capital growth potential on Mevan and Nivedita's first Hillcrest property having achieved 28% growth since initial purchase at $705,000 in 2020.
5.2% rental yield
Excellent rental income at $150/week more than the initial estimate by Wealth Street
$38,000 in tax savings
The first investment property gaining $250,000 growth and saving them $13,000 per year in tax, and the second saving them $25,000 in tax.
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