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280 in Victor Harbor, SA, 30 in Goolwa, SA.
Only get rental from the land though, don't own the houses on them.
You got me ...how does that work ??
LL
Kind of. More like retirement village. Residents own their house, but we own the land, they pay a weekly rent/management fee to occupy the land and have the grounds maintained. Works pretty well, keeps cashflow coming in long after the houses have been developed.
I doubt there are 310 properties, more like caravans or demountables on a converted farm.
But very interesting concept.
Interesting...
Mine are in:
Meadowbank, NSW
Dulwich Hill, NSW
Campsie, NSW
Punchbowl, NSW
Melton South, VIC
Werribee, VIC
Hoppers Crossing, VIC
Elizabeth North, SA
Parafield Gardens, SA
Paralowie, SA
Deception Bay, Qld (just purchased)
I like my investments diversified...so when one market tanks the other performs...
Cheers
Sash