Investment Property Disclosure Statement Fees Disclosure Table 2 Breakdown of Ongoing Costs This table contains a breakdown of the ongoing costs involved in holding an investment property. These fees are additional to those involved in purchasing the property. Purchasing Fees
Amount
How and When Paid
Administration fee: This is the fee to cover the general administration of the fund. Investment management fee: This is the fee for managing the fund’s investments. (The amount you pay for specific investment options is shown in [insert cross reference].) Issuer fee: This is the fee for the product issuer's services in overseeing the fund’s operations and/or for providing access to the fund's investment options.
Not applicable to Real Estate investment
Expense recoveries: This is an estimate of the out-of-pocket expenses the trustee is entitled to recover from the fund. Member fee: This is a member account keeping fee charged by the fund. Strata Fees These are fees charged by the Body Corporate of properties held under Strata Title. Owners are obliged to pay them. Such fees are set by a Body Corporate elected by the owners of each development.
Property Management Fees These are fees charged by real estate property managers to managed tenanting and rent collection. Such fees are negotiated between the owner and real estate management services. Water Rates These are charges related to water usage on the property. Sometimes collected by local councils, they are generally related to water usage. Council Rates These are taxes charges variously set by local councils. They are generally related to the value of the property. Land Tax These are taxes generally set by the State Government. They are related to the value of the property.
N/A Indicative Only
7.0% (plus GST) Average Industry Range 5-12%
Generally deducted from rental payments. Can vary from State to State.
A$100 per annum Indicative Only
Quarterly, Service and Usage charges differ from State to State. Indicative Only
A$1200 per annum Indicative Only
Generally Quarterly Determined by council policy
Not applicable
Not applicable
Investment Property Disclosure Statement for Lot ## Pumicestone Park Estate - Caboolture 4510 QLD Page 13