The addition of solar energy to your investment property is quite logical- it will make your property a much more attractive option for tenants who want a cheaper power bill.
Currently, very few rental properties have solar panels, so purchasing a property with panels installed, is certainly a smart move because properties with solar panels, stand out in the market.
Investment properties with solar panels end up being more valuable as recent surveys show about two-thirds of people, would pay at least $5000 more for a property with solar energy.
Also, the ATO currently measures the effective life of a solar energy system as 20 years, therefore investors, can claim a 10% decline in value every year, using the diminishing value method.
Here at RealRenta, we currently have investment-grade properties in Queensland available, fully equipped with Free Solar Power.
For more information on these properties, contact email@example.com or contact Marlene Liontis 61 417 693 547
Tuesday, 11 December 2018