{"id":32408,"date":"2021-05-17T15:21:46","date_gmt":"2021-05-17T03:21:46","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32408"},"modified":"2021-05-17T15:21:46","modified_gmt":"2021-05-17T03:21:46","slug":"how-28yo-could-become-a-millionaire-landlord","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/how-28yo-could-become-a-millionaire-landlord\/","title":{"rendered":"How 28yo could become a millionaire landlord"},"content":{"rendered":"

PHOTO: Carpenter Tom Ellul has bought a block of flats at Annerley as a long-term investment as Brisbane\u2019s housing market booms. Picture: Mark Cranitch. Source: News Limited<\/em><\/span><\/strong><\/p>\n

AT the age of 28, Tom Ellul has made a move that could set him up to become a millionaire landlord.<\/p>\n

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The Brisbane carpenter has just bought himself a block of units in one of the hottest markets in the country \u2014 at a time when mega transport infrastructure projects such as Cross River Rail are underway and the city is the frontrunner to host the Olympic Games in 2032.<\/p>\n

\"Queensland<\/div>\n

Queensland Premier Annastacia Palaszczuk and Minister for Sport Stirling Hinchliffe look at artist impressions for the rebuild of The Gabba in Brisbane, being the proposed main stadium should Queensland host the 2032 Olympic and Paralympic Games. Picture: NCA NewsWire\/Dan Peled. Source: News Corp Australia<\/span><\/strong><\/em><\/p>\n

Mr Ellul has hit the jackpot with his purchase of a four-unit property in Annerley in the city\u2019s inner south, joining a slew of savvy investors looking to buy unit blocks rather than house-and-land to expand their portfolios.<\/p>\n

The offmarket deal for around $1 million has been described as \u201ca really smart purchase\u201d by Ben Smith of Place Estate Agents, who facilitated the sale.<\/p>\n<\/div>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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