What is a Life Lease?
A life lease is an increasingly popular investment strategy for adults 60+.
It’s really quite simple. Basically, instead of ongoing payments, life tenants pay the lease up front. They are guaranteed a home, without any worries of fluctuating markets. Then throughout the term of the lease, residents only pay one monthly fee to cover maintenance, common area operating costs, and management of the building. And that’s it.
The best part? Your investment is protected. When the lease is terminated for any reason, that upfront payment goes back to you, less a predetermined refurbishing fee. This provides stability, while simplifying your life to enjoy time with your loved ones.
Benefits of Life Lease:
- Protects your investment
- No Property Transfer Tax or GST on sale price
- Half the legal fees of a freehold property
- Free of resale stress
- Property care is included in the monthly maintenance fee
- Chance to enjoy community at its best
Find out more today. This opportunity will not last long.