Latest news with #investmentproperties
News.com.au
4 days ago
- Business
- News.com.au
Ocean Grove: Coastal hub drives $380K income with upside
A collection of tenanted investment properties in Ocean Grove's main retail strip is set to break commercial real estate records in the Bellarine Peninsula town. The Commercial 1 zoned properties, dubbed The Elite 8 – Ocean Grove Collection, comprises eight leased tenancies across nine titles at 65-67 The Terrace and 6-9 Park Lane. The conglomeration delivers a net annual income of more than $380,000, plus GST, and is being sold in line in an expressions of interest campaign closing in August. Aussie cult chicken chain eyes KFC take-down The 959sq m landholding has a strategic dual street frontage and offers long-term future development potential. Darcy Jarman agents Andrew Prowse and Tim Darcy, in conjunction with Kerleys Coastal director Damian Cayzer, are managing the expressions of interest campaign closing August 21. 'It's almost 1000sq m of commercial land, that on its own is a significant attribute to the property. There's nothing like outside the Coles building or Home Timber and Hardware on that strip so the scale can't be ignored,' Mr Prowse said. 'It's a unique opportunity – eight tenancies offered for sale in one line and fully leased to longstanding tenants. They're all on three-year terms and a lot of them are on renewed terms. 'The average tenure is over 11 years, so it's an asset that hasn't been presented to the Geelong market for a long time.' The diverse mix of tenants across banking, retail, health, hospitality and service sectors lowers to the risk profile for future owners, Mr Prowse said. Tenants include Bendigo Bank, Oceans24 Health Club, Mac's Menswear, Mudge Shoes, and longstanding institutions such as Cleo Fine Jewellery. 'I'm a big fan of The Terrace, it's one of the best retail strips on the Bellarine and is constantly around zero vacancies along the strip at any one time,' he said. Given its CBD location, it's strong income and mix of tenancies, industry sources say the property could match a 5 per cent to 6 per cent yield achieved in similar landmark sales with future development upside across the Geelong region in recent years. That could push the value to $6m. The Terrace is a bustling business hub, with national retailers such as Coles, ANZ and the Commonwealth Bank, high foot traffic and year-round demand that swells over summer. Mr Prowse said there as been good initial engagement, with a mix of local, Melbourne and interstate groups seeking information. 'It'll be someone that will be looking to enjoy that income today but potentially have an understanding of what that area will evolve to and become and continue to be. 'But given the security of the income, it's very much a land bank with a cash flow and down the track a grander plan for that site could be activated.'
Daily Mail
6 days ago
- Business
- Daily Mail
I moved from China to Australia in my 20s unable to speak English and started working as a receptionist. I now own multiple properties and never worry about money: Here's my advice to Aussies
A migrant who moved from China in his twenties unable to speak English says Australians need to have at least $5million worth of investment properties to enjoy a comfortable retirement and avoid being stuck in the middle class. Alex Shang, the founder of AusPropertyStrategy, told Daily Mail Australia the biggest mistake someone could make was aspiring only to own their own home as an owner-occupier. 'If their goal is to live like an everyday Joe, then they don't need to buy investment properties - they just own a home and that's it,' he said. 'They may forever stay in the middle class who pays the most taxes compared to lower class or the rich. 'Once they buy a home, their borrowing capacity is used up and there is no way for them to buy another property, so basically they're stuck or they can choose to go for rent-vesting; they rent a place where they work and then use the money to invest in another city.' With house prices rising in Australia over the long term, pushing Sydney's mid-point value to $1.5million, properties with a backyard are regarded as a better way to build wealth for the future, as surging population growth makes residential land more valuable. 'An apartment for $700,000 to $800,000 is a viable option in Sydney - the price will not increase much meaning they have a place to call home but their wealth will not increase,' he said. 'For the same amount of money, $800,000 can still buy you a standalone house in Brisbane, Perth or Adelaide with good capital growth and good rental yield.' With house prices rising in Australia, over the longer-term, properties with a backyard are regarded as great way to build wealth for the future, as surging population growth makes residential land more valuable (pictured is Oran Park in Sydney's outer south west) Mr Shang moved to Sydney from the Chinese city of Shenyang at age 24 in 2005, after completing a Bachelor of Economics majoring in share trading. 'I couldn't speak a word of English when I came,' he said. 'I did well in written English and listening, reading but not speaking.' He began his career in Australia working as a receptionist for a real estate company, before getting Masters degrees in accounting and business administration. The 44-year-old property investor admitted his first few Sydney apartment purchases weren't successful, leading him to now focus solely on buying houses, based on the scarcity of available land. 'I lost money on those - in the latter days I sold everything because I lost a lot of money; I need to sit down and think about what I did wrong,' he said. 'I found out that if I were going to invest in houses from the same time as I bought the first apartment, I would have made a lot of money, a lot. 'I sold all of the apartments and started buying houses and from there I always made money, never lost a cent.' After a slow start with a $400,000 two-bedroom unit in Kogarah in 2011, which made only modest capital gains - he learned from his mistakes and went on to buy houses across Sydney, Brisbane, Perth, and Melbourne, having previously also bought units in Wolli Creek and Arncliffe. He has also written a Mandarin-language book for Chinese buyers - Australian Property Strategy - on how to grow a property portfolio in Australia. 'Land is scarce and apartments, like building on top of each other, they can increase the supply by many times easily; they can't increase the supply of land,' he said. The best time for someone to start would be in their twenties, based on the idea of first chasing houses that would get strong capital growth followed by buying properties with higher rental yields, or income as a proportion of the home's value, Mr Shang explained. 'In the first 10 years, they buy high capital growth properties; the second 10 years, they buy high rental yield properties and then when they reach retirement, they need to sell a few of their properties and pay off the debt,' he said. Mr Shang declined to say how much his portfolio was worth or how many properties he owned, as the director of a membership-based company offering 20-year mortgage investment strategies. 'There are a few things I don't talk to anyone: that includes how much money I have, how many properties I own and my family because I think that's my privacy,' he said. 'If I tell people how much I have, everyone will want a piece of it; the taxman will want a piece of it.' But he said he continues to live modesty, driving a $20,000 Toyota Corolla occasionally but mostly getting around on a motorbike. 'I like to keep low key; I don't wear expensive clothes; no luxury cars; I ride a motorbike actually and it's cheap to maintain,' he said. 'I invested in some properties and then I don't need to worry about money anymore. 'But I've bought and sold properties pretty much in each capital city in Australia.' His rule for sound investment is to look at markets with population growth and a diversified economy. 'It depends on how you define value: I never buy properties just because it's cheap - I need to see the future of it,' he said. 'If I don't see the future, I don't buy. For property to increase in price, there are a few fundamental factors you need to consider: one, is population growth and then you need to have a lot of job opportunities.' When it came to having an investment strategy, he said it wasn't about the number of investment properties someone had that made them rich. 'It's not the number of properties, it's how much they're worth,' he said. 'If you ask me today, I would say $5million to $7million but in investment properties, excluding their owner-occupied property.' Mr Shang argued a property portfolio worth more than $5million was more likely to generate passive income of $350,000 a year that would enable someone to either retire early or have an income stream to have a comfortable retirement. He argued that someone with a $5million investment portfolio could invest the rental income in an exchange trade fund (ETF) on the Australian share market, and earn seven per cent returns every year. 'But if you have five properties, worth $5million, then you're really rich,' he said. 'If you want to, depend on yourself, then you need to have a net worth of about $7million to live comfortably. 'Holding properties with positive cashflow and use the cash to invest in ETF is good, as long as the yield is more than the mortgage interest rate.' The banks typically lend an owner-occupier five times their salary before tax. But if an individual or a couple are buying investment properties, they can borrow six times their pay. While that's considered to be in the mortgage stress territory, income from renters means a borrower can more easily service the home loan. 'Usually, you get a little bit more borrowing capacity if you buy an investment property because the investment property will generate some rental income,' he said. 'That rental income is considered part of your personal income and if your personal income jumps, your borrowing capacity jumps.' Passive income from rental properties also means someone has a better chance of retiring early, and an investor can also claim rental losses on tax through negative gearing. 'On retirement, one can choose to own a few debt free houses to enjoy future capital growth and current cashflow,' he said. 'If there is no debt, it's great for a stress free life but bad for investment in terms of cash on cash return.'
Daily Mail
22-07-2025
- Business
- Daily Mail
EXCLUSIVE Inside the Labor Party's bold push to increase taxes on property investors: 'Government now has a mandate to rectify inequity'
Labor Party activists are pushing to scrap the capital gains tax discount on investment properties, despite Anthony Albanese ruling out such changes in Opposition. Former Labor leader Bill Shorten lost the 2016 and 2019 elections with a plan to halve the 50 per cent capital gains tax discount to 25 per cent. Albanese ruled out tinkering with capital gains taxes after taking over as Labor leader and went on to win the 2022 election from Opposition and was resoundingly re-elected in May. But now a grassroots organisation within the Prime Minister's own party – Labor for Housing – wants the 50 per cent capital gains tax discount scrapped entirely, not just diluted. That means someone who made a $100,000 capital gain on their investment property they rented out would be taxed on the entire increase, not just $50,000 of it. Labor for Housing co-convener Julijana Todorovic told Daily Mail Australia the 50 per cent capital gains tax discount introduced in September 1999 needed to be dismantled for residential properties. 'We think it should be removed entirely, so not immediately,' she said/ 'Property should not be an investment for which you can claim the discount.' Ms Todorovic, a land rights lawyer, said the Albanese Government needed to scrap the 50 per cent capital gains tax discount during this term of Parliament without taking the policy to the next election. 'Our view is that the Labor government now has a mandate to rectify inequity in Australian society,' she said. 'While it's clear from the election results that we can't be too radical, we must do something to stem the flow of generational inequity.' She argued the 50 per cent capital gains tax discount should be grandfathered for existing investors as the policy is scrapped for future purchases - a position the Greens took to the May election. 'We are proposing that residential property is removed as a category for which the discount can be claimed,' Ms Todorovic said. 'But we're proposing that this change is grandfathered to a certain date – so if people have structured their finances based on the discount, then they will have time to restructure – they won't be left high and dry.' Labor for Housing argued that scrapping the 50 per cent capital gains tax discount would encourage investors to invest in technology instead of speculating on real estate, and driving up house prices. 'Australia's capital resources have become landlocked by a CGT discount on property,' it said in a submission to the government's August Economic Reform Roundtable. 'As Australia electrifies, transitions to renewables and increases our data capacity, businesses are struggling to find adequate capital. 'By incentivising investment in the productive powers of the market, the government can increase the circular flow of capital in the economy, creating jobs and additional economic activity.' The Greens went to the last election with a plan to scrap the 50 per cent capital gains tax discount for future purchases of investment properties, and grandfather it to one property for those who already owned an investment property. While Labor has a landslide majority in the House of Representatives, it needs the Greens in the Senate to get its legislation passed. The Labor-aligned McKell Institute has called for the federal government to dilute the 50 per cent capital gain tax discount to 35 per cent for existing investment houses with a backyard. This means $65,000 of a $100,000 capital gain would be taxed, up from $50,000 now. But it has also called for the 50 per cent capital gains tax discount to be increased to 70 per cent for newly-built apartments, arguing this kind of policy would boost housing supply and encourage more off-the-plan unit developments. That means only $30,000 of a $100,000 capital gain would be taxed. The McKell Institute's Harnessing Aspiration report argued the existing 50 per cent capital gains tax discount encouraged investor speculators to buy up houses. 'There is a unique incentive for investors to speculate on existing detached houses rather than non-existing off the plan attached dwellings or established attached dwellings,' he said. 'The blanket tax treatment of each of these asset types means an investor is much more attracted to high-growth existing detached dwellings than moderate-growth attached dwellings, especially new builds.' The average, full-time worker earning $102,742 a year is priced out of buying the median-priced house in every state and territory capital city except Darwin. Ms Todorovic said Labor for Housing's call to scrap the 50 per cent capital gains tax discount wasn't about stopping property speculators. 'It won't – this isn't the tool to correct speculation, this is about removing incentives which preference land above other more productive investments,' she said.
Zawya
22-07-2025
- Business
- Zawya
MQDC Showcases Bangkok Luxury Homes in Singapore
SINGAPORE - Media OutReach Newswire - 22 July 2025 - MQDC, a leading Thai developer, is showcasing its Bangkok luxury homes at Pan Pacific Singapore on 26-27 July to meet rising local demand for lifestyle and investment properties in Thailand. MQDC, famed for city landmarks such as ICONSIAM, will present "Whizdom The Forestias" and "Mulberry Grove Sukhumvit" in an exclusive partnership with PropNex International. "Whizdom The Forestias" offers condominiums in The Forestias, a new forest district in eastern Bangkok. "Mulberry Grove Sukhumvit" is an upscale residence on Sukhumvit, Bangkok's main artery, with a distinctive multi-generation concept for extended families. 30-Year Warranty Both projects combine strategic locations with the design and construction quality that enable MQDC to offer its unique 30-year warranty. The developer's impeccable standards over its 30 years of achievement are reflected in its collaborations with brands such as Mandarin Oriental, Six Senses, and Waldorf Astoria. "We're proud to design and build to a standard that lets us offer our unique and market-leading 30-year warranty," said MQDC CEO Mr. Suttha Ruengchaiphaiboon. "Singapore-based buyers will also find the location and amenities that enrich their lifestyle and safeguard their investment." Whizdom The Forestias: Urban Well-Being in Nature "Whizdom The Forestias" is nestled in green at The Forestias, a gated forest community across 157 acres. Amazing on-site amenities include malls, offices, markets, entertainment venues, and health centres. Designed for ultimate urban well-being, The Forestias offers a prime location in Bangna, Bangkok's fastest-growing eastern district. Bangna's appeal for upscale living includes 9 malls, 8 hospitals, and 17 international schools. The district is conveniently located near the airport, with easy access to the city center. As a gateway to the Eastern Economic Corridor (EEC), the satellite zone is growing amid megaprojects and an inflow of foreign investment. Pet-Friendly Living "Whizdom The Forestias" features 3 move-in-ready towers: Destinia, Mytopia and Petopia. Premium units offer unobstructed canopy views, while lower floors immerse you in the forest, providing a breathtaking backdrop at every moment of the day. Petopia won "Move-in Ready Pet-Friendly Condominium of the Year" at the Baan Lae Suan Pets Awards 2024 with its residences for owners and their fur buddies to live their best lives together. The multitude of special home features includes a pet shower and a wicket door for dogs or cats to enjoy forest views from the balcony whenever they choose. Door seals and cavity walls prevent noise from travelling between rooms and residences. A Forest District with Global Expertise The Forestias forest community offers unmatched well-being through global expertise. Master-planned by the celebrated studio Foster + Partners through its local entity, F&P (Thailand), the neighborhood combines cutting-edge technology with flourishing natural ecosystems for quality of life. Green space covers an anticipated 56% of The Forestias and includes woodland, waterfalls, and tree cover for roads. A natural forest flourishes across 12 acres at the heart of the district. The Forestias has won global recognition as a fresh template for sustainable urban development. The community has LEED Gold and Thailand's TREE Platinum sustainability and features ground-breaking applications of the global WELL Building Standard for well-being. Mulberry Grove Sukhumvit: Multi-Generation Luxury With "Mulberry Grove Sukhumvit", MQDC is also showcasing a pinnacle of inner-city luxury at a prestigious address on Bangkok's most sought-after urban artery. At just 250m from the Ekkamai SkyTrain station on Sukhumvit Road, this 37-storey residence offers upscale living for extended families across every generation from children to older adults. The location is tailor-made for living Bangkok's exceptional lifestyle to the full. On their doorstep, residents enjoy international schools, hospitals, and malls, as well as leisure opportunities and the central business district. The amenities cater to every age group, featuring 4 swimming pools, 3 gardens and a range of special spaces, including dining rooms, beauty rooms and an Onsen, as well as fitness, entertainment, and study areas. Pricing and Investment Returns "Whizdom The Forestias" presents exceptional value with residences starting from THB 7.2 million and extending to THB 46 million, offering diverse options from cozy studios to expansive family homes within Bangkok's premier forest community. "Mulberry Grove Sukhumvit" commands premium positioning with residences ranging from THB 11 million to THB 102 million, reflecting its prestigious Sukhumvit address and proximity to Ekkamai BTS. MQDC stands behind its quality with complete confidence. The company's 30-year warranty covers structure, roofing, doors, windows, and core MEP systems, exceeding industry standards by decades. Exclusive Showcase in Singapore MQDC will exhibit its properties on 26-27 July at Pan Pacific Singapore, Ocean Room 7 (Level 2). Virtual tours, detailed investment projections, and PropNex advisory services will be available at the venue. Advance registration is strongly recommended. Find out more at: Hashtag: #MulberryGrove #MulberryGroveSukhumvit #Condominium #DesignforMultigeneration #Multigeneration #MQDC #30YearWarranty #ForAllWellBeing #WhizdomTheForestias #TheForestias #WhizdomMytopia #WhizdomDestinia #ReadyToMoveIn The issuer is solely responsible for the content of this announcement. MQDC
Malay Mail
22-07-2025
- Business
- Malay Mail
MQDC Showcases Bangkok Luxury Homes in Singapore
Exclusive showcase features Whizdom The Forestias and Mulberry Grove Sukhumvit. SINGAPORE - Media OutReach Newswire - 22 July 2025 - MQDC, a leading Thai developer, is showcasing its Bangkok luxury homes at Pan Pacific Singapore on 26-27 Julyto meet rising local demand for lifestyle and investment properties in famed for city landmarks such as ICONSIAM, will present "Whizdom The Forestias" and "Mulberry Grove Sukhumvit" in an exclusive partnership with PropNex International."Whizdom The Forestias" offers condominiums in The Forestias, a new forest district in eastern Bangkok. "Mulberry Grove Sukhumvit" is an upscale residence on Sukhumvit, Bangkok's main artery, with a distinctive multi-generation concept for extended projects combine strategic locations with the design and construction quality that enable MQDC to offer its unique 30-year warranty. The developer's impeccable standards over its 30 years of achievement are reflected in its collaborations with brands such as Mandarin Oriental, Six Senses, and Waldorf Astoria."We're proud to design and build to a standard that lets us offer our unique and market-leading 30-year warranty," said MQDC CEO Mr. Suttha Ruengchaiphaiboon."Singapore-based buyers will also find the location and amenities that enrich their lifestyle and safeguard their investment.""Whizdom The Forestias" is nestled in green at The Forestias, a gated forest community across 157 on-site amenities include malls, offices, markets, entertainment venues, and health centres. Designed for ultimate urban well-being, The Forestias offers a prime location in Bangna, Bangkok's fastest-growing eastern appeal for upscale living includes 9 malls, 8 hospitals, and 17 international schools. The district is conveniently located near the airport, with easy access to the city center. As a gateway to the Eastern Economic Corridor (EEC), the satellite zone is growing amid megaprojects and an inflow of foreign investment."Whizdom The Forestias" features 3 move-in-ready towers: Destinia, Mytopia and Petopia. Premium units offer unobstructed canopy views, while lower floors immerse you in the forest, providing a breathtaking backdrop at every moment of the won "Move-in Ready Pet-Friendly Condominium of the Year" at the Baan Lae Suan Pets Awards 2024 with its residences for owners and their fur buddies to live their best lives multitude of special home features includes a pet shower and a wicket door for dogs or cats to enjoy forest views from the balcony whenever they choose. Door seals and cavity walls prevent noise from travelling between rooms and Forestias forest community offers unmatched well-being through global expertise. Master-planned by the celebrated studio Foster + Partners through its local entity, F&P (Thailand), the neighborhood combines cutting-edge technology with flourishing natural ecosystems for quality of space covers an anticipated 56% of The Forestias and includes woodland, waterfalls, and tree cover for roads. A natural forest flourishes across 12 acres at the heart of the Forestias has won global recognition as a fresh template for sustainable urban development. The community has LEED Gold and Thailand's TREE Platinum sustainability and features ground-breaking applications of the global WELL Building Standard for "Mulberry Grove Sukhumvit", MQDC is also showcasing a pinnacle of inner-city luxury at a prestigious address on Bangkok's most sought-after urban artery. At just 250m from the Ekkamai SkyTrain station on Sukhumvit Road, this 37-storey residence offers upscale living for extended families across every generation from children to older location is tailor-made for living Bangkok's exceptional lifestyle to the full. On their doorstep, residents enjoy international schools, hospitals, and malls, as well as leisure opportunities and the central business amenities cater to every age group, featuring 4 swimming pools, 3 gardens and a range of special spaces, including dining rooms, beauty rooms and an Onsen, as well as fitness, entertainment, and study areas."Whizdom The Forestias" presents exceptional value with residences starting from THB 7.2 million and extending to THB 46 million, offering diverse options from cozy studios to expansive family homes within Bangkok's premier forest community."Mulberry Grove Sukhumvit" commands premium positioning with residences ranging from THB 11 million to THB 102 million, reflecting its prestigious Sukhumvit address and proximity to Ekkamai stands behind its quality with complete confidence. The company's 30-year warranty covers structure, roofing, doors, windows, and core MEP systems, exceeding industry standards by will exhibit its properties on 26-27 July at Pan Pacific Singapore, Ocean Room 7 (Level 2). Virtual tours, detailed investment projections, and PropNex advisory services will be available at the venue. Advance registration is strongly out more at: Hashtag: #MulberryGrove #MulberryGroveSukhumvit #Condominium #DesignforMultigeneration #Multigeneration #MQDC #30YearWarranty #ForAllWellBeing #WhizdomTheForestias #TheForestias #WhizdomMytopia #WhizdomDestinia #ReadyToMoveIn The issuer is solely responsible for the content of this announcement.
