EVEN GEN Y’S WHO CAN’T AFFORD THEIR OWN HOME… ARE BUILDING INVESTMENT HOMES! Gen Y’s are often viewed as the generation of expectation – expecting everything to be handed to them on a plate. But we are seeing a real shift in this paradigm. I have been very surprised (and proud) of the number of Gen Y’s building investment homes. – even those who cannot even afford a home for themselves. It got me thinking …how can it be that so many of us ‘oldies’ know that property investment is the key to a financially secure future yet it is these young ones who are actually taking action. I believe it is because they haven’t had the exposure to the myth that property investment is exclusive to the wealthy. In fact, some of them who can not afford to buy a home to live in,
have been able to build an investment home. It is the ideal foot in the door to the property market for both those living with their parents and even those caught in the rental trap. They recognise the tax laws can make home ownership possible. And they are happy to chip in a bit extra each week over and above the rental income and tax benefits to have an investment growing in value. They have heard of the days when rent used to be $50 per week and can see how much it has increased, and they would much rather be receiving that rent than paying it! (I guess that is where the GenY factor comes in.) At Grady Homes we work with property managers,
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accountants and other finance specialists to ensure we are offering our investors maximum security and returns. I recently collaborated with these specialists to create an information booklet that outlines the essential (and sadly the often overlooked) points to consider when deciding if investing in property is right for you. Our clients have been grateful of the no-nonsense information in simple jargon-free language. For a free copy of this booklet jump on our website www.gradyhomes.com.au, email us on info@ gradyhomes.com.au, call us on 4795 0900 or visit us at 441 Bayswater Road, Mount Louisa.
When you build with GRADY INVEST the critical things are taken care of… 12 MONTHS PRODUCT WARRANTY
DEAL DIRECTLY WITH THE BUILDER
WHEN BUILDING A NEW HOME COMMUNICATION IS KEY
BUILD TIME GUARANTEE
Peace of mind, hassle free brand new home.
We even work in with you and the property manager to have tenants move in as soon as the home is finished.
FIxED CONTRACT PRICE GUARANTEE No nasty surprises, everything up front and guaranteed in writing.
No middle man, means no fees added on top.
So you know when the rent can start coming in.
Do your research at gradyhomes.com.au
Visit our display homes at North Shore and Greater Ascot. *Example is based on a house and land package price of $360,000, a total income of $60,000 per annum and a bank interest rate of 6.5%. You are advised to seek formal advice from your tax advisor for a more accurate calculation’.
Call Today: 4795 0900 HEAD OFFICE: 441 Bayswater Rd, Mt Louisa
Building a solid future!
DUO INVESTOR’S GUIDE TO TOWNSVILLE 107
Published on May 31, 2013
DUO Magazine is North Queensland’s very own luxury lifestyle publication. Now in its seventh year, the independent glossy has secured a plac...