All Topics / Help Needed! / Retirement homes- investors feedback sought

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  • Profile photo of indigo_violet1625738indigo_violet1625738
    Member
    @indigo_violet1625738
    Join Date: 2003
    Post Count: 14
    October 20, 2005 - 2:59 am

    Have viewed a lot of retirement village units lately. I would like to hear other investors experiences with this type of investment. As far as I can tell they are offering a lower return – around 5% compared to normal residential properties…ideas/thoughts etc appreciated!

    Profile photo of jcso99jcso99
    Participant
    @jcso99
    Join Date: 2005
    Post Count: 95
    October 20, 2005 - 10:59 am

    Challenges with Retirement Home and Aged Care residence is that they have an operator to run the place. Therefore, the net rental is significantly reduced. That’s my personal view

    Cheers
    John

    Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know more, PM or email ME.

    Profile photo of CeliviaCelivia
    Participant
    @celivia
    Join Date: 2003
    Post Count: 886
    October 21, 2005 - 3:04 am

    Hi I_V, THis topic was discussed in the past a few times, I found one of the threads and you might find it interesting or helpful to read through it.

    click here

    Celivia

Viewing 3 posts - 1 through 3 (of 3 total)

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