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Kotoni Staggs has setting the kind of leadership example the Broncos are liking.<\/p>\n
Forget flashy cars and wild nights, NRL Broncos\u2019 $800k man, 26-year-old Kotoni Staggs is part of a growing cohort hitting beast mode off-field in a lucrative side hustle.<\/p>\n
While some of his peers splash out on luxury toys, Staggs has turned his eye to bricks and mortar, joining millions of Aussies riding the housing boom \u2013 and showing young players a smarter way to play the long game.<\/p>\n
MORE: Shock $234m peanut butter crunch hits Aus farms<\/a><\/p>\n NRL player Billy Walters\u2019 massive payday as he steps in for Mam<\/a><\/p>\n Kotoni Staggs after scoring a try against the Dolphins at Suncorp Stadium. Picture: NRL Images.<\/p>\n The 26-year-old, crowned \u2018Best Back\u2019 for the Broncos 2024 season before re-signing on an estimated $800,000 a season ticket through to the end of 2028, is sinking millions into real estate investments.<\/p>\n Staggs\u2019 off-field success is tied to Brisbane\u2019s own pandemic surge, with the two properties he shelled out $2.64m for jumping in value by a further $1.1m without him lifting a finger.<\/p>\n The first in Upper Kedron has risen $560,000 since he bought it for $930,000 in the midst of the pandemic in September 2021, while the second has jumped $450,000 in two years to a high estimate of $2.16m.<\/p>\n And the capital gains are just the start of his passive income, with $41,600 in annual rent also coming off the Upper Kedron home \u2013 a figure which is now set to rise to $43,160.<\/p>\n MORE: Hidden fortune: Aus cleaners\u2019 $15k, Banksy find<\/a><\/p>\n Big Aus bank slashes rate lower than RBA call<\/a><\/p>\n Staggs at Brisbane Broncos training. Picture: Richard Walker<\/p>\n Staggs, who has been a landlord since he moved into the Hendra home renting out the Upper Kedron property, has upped the rent by just $30 a week in two years to $830\/week.<\/p>\n He could be making substantially more though, given rental estimates put his potential income off the property at $874 a week to as high as $961 a week.<\/p>\n Given his surge in property value, Staggs is a prime candidate for more investment properties soon, especially as his circa $800k pay packet is just $200k shy of Brisbane\u2019s median house price now.<\/p>\n He has bought well, with his real estate letting agent Cherry Tuando of Brisbane Realty Group describing his Upper Kedron property as being in a prime pocket \u201csurrounded by quality residences on generous blocks with wide street frontages\u201d.<\/p>\n MORE: $18k fine: Common bin act could cost you<\/a><\/p>\n<\/p>\n
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