All Topics / The Treasure Chest / Investing in aged care complexes

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  • Profile photo of juniorjunior
    Member
    @junior
    Join Date: 2003
    Post Count: 1
    May 2, 2003 - 11:31 pm

    I am thinking about investing in complexes designed and built for retirement and aged care residents. Any advice will be welcomed.

    Profile photo of SooshieSooshie
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    @sooshie
    Join Date: 2002
    Post Count: 974
    May 3, 2003 - 2:14 am

    Hi,

    I was looking into the same thing, but I’ve discovered that some of the units are only bought for a 50 year period, then become property of the establishment again.

    What have you found?

    Cheers
    Soosh [:)]

    There are no problems, only solutions

    Profile photo of Gus_2Gus_2
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    @gus_2
    Join Date: 2002
    Post Count: 39
    May 3, 2003 - 10:08 am

    Hi Junior,

    I have made some comments on this topic in a reply to a posted question. Post is titled “QLD investment opportunity” I think, it’s currently located on page 4, authored by Eu Savage. It has a perspective on one firm that deals in the retirement living sector of the market.

    I must say I’m not an authority on the sector, but my thoughts may help.

    All the best

    Gus

    Profile photo of hwd007hwd007
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    @hwd007
    Join Date: 2002
    Post Count: 247
    May 3, 2003 - 5:15 pm

    Do your homework whatever you go for

    Profile photo of juniorjunior
    Member
    @junior
    Join Date: 2003
    Post Count: 1
    May 4, 2003 - 12:26 am

    Hi Soosh
    Thanks for the reply and advice – the info that AAI got off the one company does not stipulate any time frame but I will ask and keep you informed.
    Thanks
    Junior[:)][:)]

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