All Topics / General Property / Turnkey IP’s

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  • Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Does anyone have any views on Turnkey/leaseback or Display Home IP’s from Building Companies or developers ??

    As i’ve seen building Compoanies them at 8% return and quoting ‘growth/Income/depreciation benefits..

    Does anyone have any experience in this field ??
    Just out of interest’s sake ??

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Redwing,

    No direct experience but I must say the couple I investgated seemed a little expensive (me wondering if lease costs had been built into asking price.

    Additionally you would never need to worry about accessibility to transport. The display homes I looked at were always on the major entrance to the estate. As such these roads will become the thoroughfare for all and sundry entering and leaving the estate.

    Derek

    [email protected]

    Profile photo of Shirley_2Shirley_2
    Member
    @shirley_2
    Join Date: 2003
    Post Count: 87

    A colleague owns one in Brisbane and is happy with it. He’s keen to obtain another. I believe they could be better than a Defence Housing deal.

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    SHIRLEY

    from what i hear the DEF houses aren’t ‘that’ great a deal..

    And Derek, i presumed as much also, just wondering if anyone had any experience..?

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

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