Investing in over 55’s retirement homes

All investors can purchase a strata titled over 55’s retirement home. You will be guaranteed a mature tenant. The rules for a registered over 55’s property, usually require one occupier to be over 55 years of age. So for example the family can buy a home for their parents to live in. Always check first with your real estate agent.

Lifestyle Villages and Retirement Homes have different arrangements such as leasing contracts.

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In Wembley we have 385 Cambridge Street in a small group of 5 villas. This group is very well managed and cared for. You can check out the property on our web site.

Post by harveyrealestateblog 18 Dec 2017 0