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Thnx Rudolph, your response is a little cryptic but I take it you are happy with it’s growth and rental return ?
Are you able to put a % figure on the return and the dark side, is that in reference to the tax benefits ??
Thnkx for posting a reply regardless.
On the subject of QLD
What do people think about holiday appartment investments managed by on site managers, there.
From my limited reading and dealings in FNQ, seems 20% – 25%returns are spruked regularly but the managers get about half of that, so effectively you end up with approx 10% – 12% anyhow. This they say this takes into account 90% occupancy in high season & 35% in low.
Has anyone dabbled in holiday investments “off the plan” or otherwise in high tourism or growth areas or heard of experiences of others ?
What do people think about holiday appartment investments managed by on site managers.
From my limited reading and dealings in FNQ, seems 20% – 25%returns are spruked regularly but the managers get about half of that, so effectively you end up with approx 10% – 12% anyhow. This they say this takes into account 90% occupancy in high season & 35% in low.
Has anyone dabbled in holiday investments “off the plan” or otherwise in high tourism or growth areas or heard of experiences of others ?
