Progress Invest
Progress Invest assists property investors getting started or progressing in their financial future.
02/08/2019
๐๐๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ
> Carpark lease back lots.
> 8% return paid annually in advance.
> Minimum 2 year leaseback with options.
> National land development company.
> Three signature estates.
> Lots located amongst display homes.
> Valuation by Burgess Rawson.
๐๐ซ๐ข๐๐๐ฌ ๐ฌ๐ญ๐๐ซ๐ญ ๐๐ซ๐จ๐ฆ ๐๐ฌ ๐ฅ๐จ๐ฐ ๐๐ฌ $๐๐๐,๐๐๐.
This is a rare opportunity to purchase land in quality land estates by national developer LWP and receive a return from day 1.
No need to build as LWP will lease the lot for a minimum of 2 years* to use as carpark within their builder display villages.
LWP will even pay the rent 12 months in advance.
All lots have been independently valued by Burgess Rawson so you have peace of mind the value is not inflated by the lease and is current market value**.
Being located within builder display village the lots are surrounded by the latest in housing quality and design.
Once the lease is finished LWP will return the lot back to its original condition and any fencing and landscaping incentives will also be retained.
The estates and lots are all in great locations in Perth.
Prices start from $120,000. Rent in advance from $9600 pa.
Contact us here for more detail or via email [email protected]
* Leases have option provisions that may see the term extended.
** based on current market conditions and valuation and conditions may change.
30/07/2019
Research house BIS Oxford Economics has forecast the next housing construction peak within five years, with strong population growth and a projected undersupply in some states expected to create a renewed upswing in residential building by 2023-24.
BIS Managing Director Robert Mellor explains the driver of growth being population increase and stock decline. He also discusses the need for rental yield to improve to encourage investor activity.
In Perth, I feel we have already reached that point where property is well priced and showing good rental yield in some areas.
For some time I have been following and researching a Perth suburb only 22 km from the CBD with established public transport, schooling and high amenity. There has been a significant reduction in value through the downturn however its clear the established stock is now at land value.
As an example an older 3 bedroom home on over 600sqm is available at under $200,000. Currently tenanted at $250 pw. Much of this area is zoned R15/40 permitting development. Whilst I am not here to try to sell you a quick buck or fast capital growth as we move through our next cycle you simply will not be able to replace this stock.
Enjoy the article.
Housing Construction Set to Pick Up 55pc by 2023: BIS Slowing building approvals may prolong the property market downturn, with construction starts expected to decline a further 8 per cent...
25/02/2019
With the coming federal election property investment is in the news a lot.
Now that the banking royal commission is complete, property investment will be in the spotlight as to credit worthiness of borrowers and the availability of mortgage finance.
And with the Melbourne and Sydney property markets on the slide, property investment will be deemed to be risky as people lose equity in their homes.
All this said โ guess what?
People still need homes, and people still want to live in great locationsโฆ
This is why at Progress Invest we believe in helping people understand how to find property hotspots. But location is not enough we also believe that external factors always present opportunities and thanks to being in the Progress Group โ one such opportunity has arisen.
THIS IS NOT FOR EVERYBODY
If you qualify you might have interest in learning more about investing in a boutique 24 lot residential land development in the growth area of Munster in Western Australia. Munster is around 5 kmโs from Fremantle and a short trip to the ocean. (a perfect location).
The key features of this exciting offer are:
โข All major planning approvals are in place.
โข Project works expected to commence in May 2019.
โข First dividend and capital returns December 2019.
โข Target internal rate of return of 36.09%.
โข Equity raising fully underwritten.
โข Experienced management team.
โข Elevated land offering a selling point of difference.
โข Located only 22km from Perth CBD.
โข 5 mins to Woodman point.
This is not your typical property investment offering. This is not a take out a loan, buy a block, build a house and find a tenant investment.
This is for people who have at least $40,000 to invest and are seeking a rate of return of circa 36% over a 1-year period.
Up until now investors have required $200,000 to participate in this project but we have been able to secure 5 placements at $40,000 minimum for Progress Invest subscribers.
If this sounds like you and youโd like to know more about this project and this method of investing, please drop us an email to [email protected] with your name, and contact telephone number and title your email Munster and we will help you out.
Chris Lewis
Director
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Contact the business
Telephone
Website
Address
5/47 Cedric Street
Perth, WA
6021