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”
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
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.
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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