Excellent!! Retirement is a dirty word!

To give you a commercial property investor’s perspective on this….

If a sophisticated property investor (like a listed property trust or similar) were to acquire a hotel property, say a serviced apartment complex in a CBD, they would buy on a NET yield of around 8-9%, as this is reflective of the risk premium attached to tourism…[Read more]

Hi wealth4life,

If you are interested in retirement as an investment sector drop me a line and I will give you some angles you might be interested in.

Just to be clear – I have no interest in the sale of these properties! Just happy to share my knowledge on the sector….

Richard

Yeah, be careful with these types of retirement units. There is no established secondary market for them and they take ages to sell.

RE agents typically wont touch them because the low sale price means a low commission – why should they put they same effort into selling a $185k place as for a $300k place and get half the commission?

Also your…[Read more]

Hi Jan,

Be careful with “Over 55’s” complexes as an investment.

1. Villages like these are not typically “registered” retirement villages so confirm what structures are in place to restrict entry age.

2. Many villages have strict “owner-occupier” provisions, so check to make sure you can actually rent it out.

3. The performance of your unit as…[Read more]