Hi,Anyone got an investment in retirement vilages?Just got...

  1. jimobrien
    78 Posts.
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    22/02/05
    09:27
    Post #: 801474
    Hi,

    Anyone got an investment in retirement vilages?

    Just got offered 2 units (80g each) in QLD.
    Rent will be covered by the pension rent allowance + up to 75% of pension.

    Total Investment will apparently be positively geared to the about 130$ per week (with interest rate =6.5%).

    This will be my first investment.

    Anyone got any advice / comments?

    Thanks in advance,
    Jim
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