144 Main South Road Hackham SA 5163
These units are already tenanted to brilliant seniors, providing them with most affordable rental accommodation, filling a great need in our community. It has been well documented that Australia is facing a future crisis with a lack of such affordable accommodation for our aging population. This is an emerging market for investors! And one that certainly makes you 'feel good'.
However, buyers, don't get confused! Just because these units are rented predominantly to seniors, does not mean this is a traditional Retirement Village setup. Far from it! Buying a unit here is no different to buying one in a street near you due to the independent Community Titles on each of the properties.
ALL UNITS AVAILABLE IN THIS STAGE 4 RELEASE WILL RECEIVE A GENEROUS CASH-BACK BONUS OF $1,000,(or more for multiple purchases) sent as a personal cheque to you following settlement.
BRILLIANT FOR FIRST TIME INVESTORS giving a low-entry level; immediate income and basically a 'set and forget' option!
GREAT RETURN OF UP TO 8.00% GROSS RENT YIELD!
AND A SOLID 5.00% NET YIELD AFTER ALL OUTGOINGS!
A LITTLE ABOUT THE ESTATE:
Onkaparinga Village was built in 2004 and provides much needed rental accommodation to predominately senior citizens. It's a beautifully maintained complex, set in 3 acres of attractive gardens and walkways.
Each unit sits on its own independent 'Community Title' with each featuring a cosy lounge/dine, galley kitchenette, double size main bedroom with built in robes and direct ensuite access. Sliding glass doors lead out to pretty private courtyard.
The complex is professionally managed by Eureka Care Communities, an Australia wide company who specialise in the management of rental accommodation for seniors across the nation.
All units sold will already be securely leased and you have the option of appointing Eureka's property management division to continue to manage the tenancy for you. No difference at all to traditional property management arrangements that you'd be familiar with. No restrictions, just a traditional residential lease to your tenant.
SUMMARY OF BENEFITS TO YOU, THE INVESTOR:
* Most affordable - great entry level opportunity
* Fully leased to high quality, A-class tenants, with exceptionally secure rent payment scheme
* Generous Cash-Back incentive of $1,000 in this stage
* Better than bank interest with the possibility to return $130,000 capital growth over the next 10 to 12 years.
* Exceptionally high rent yields
* On Community Title - far better than Strata!
FINANCE OPTIONS
We have lenders on board. However, Banks will only lend from 60% to maximum of 80% on these units (depending on applicant) as they regard these as specialised security. You will therefore need cash deposit or very strong equity in your own home which can be held as security if you wish to borrow 100% of the purchase price.
This investment option at Onkaparinga Village is a trailblazer, where you, the investor, can actively play a major role in contributing to a solution for aged housing on our doorstep. This is an emerging market!!
This is definitely an investment with rewards far deeper than the dollars. This is an investment with heart. Where your property will provide a vital need in our community.