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Investing in display homes- a shrewd move!

display

Many investors are now discovering the benefits, of buying a display home and leasing it back to the builder, at a commercial rate, for the life of a display village.

These opportunities are not so easy to find and investors, should always exercise caution.

Here are some benefits and points to consider, when investing in a display home:

 

  • Guaranteed tenant (the builder)
  • High rental yield (commercial rate- tenant is the builder)
  • Investment property is still treated as residential for tax purposes
  • Display houses are often highest quality
  • Depreciation can still be claimed
  • High short term returns can generate your next deposit
  • Gardens/outdoor areas will be maintained by the builder during the period the property operates as a display home
  • Builders/developers will have the property cleaned professionally on a regular basis
  • If the property is part of a display village, it will be surrounded by quality homes on an attractive street
  • Highly likely to attract quality tenants and premium rent after it is no longer leased by the builder
  • Look for builders who use an independent valuer to set the purchase price
  • Many of the appliances will be high spec and brand new, with high quality fixtures and fittings
  • Use a self management platform like RealRenta and reduce your Property Management fees by thousands

 

Stop handing over your investment income to a Property Manager-For more information on Self Management visit us @ www.realrenta.com and start your Free Trial today!

 

 

 

 

 

 

 

 

 

 

 

 

 

Jason Gwerder