Excellent properties for 2008
In response to member demand, we are very pleased to announce that we
are now expanding our network from Sydney (near the CBD) into selected
other regions where research indicates strong prospects of attractive capital
growth and rental yield.
We will continue our policy of very being selective in terms of region,
developer, and style of property, so you can expect a small selection of
property with great potential, rather than a great selection of property with
small potential. In all cases, selected property is supported by research
available to FCC members.
To ensure that you receive expert, independent, local advice and service for
each region, we collaborate with highly-experienced, trusted property
consultants in each location.
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Our initial set of new offerings includes some outstanding South East
Queensland properties, sourced in collaboration with our Queensland property
consultant, Derek Bailey (see website for further details of Derek's
background).
Details of these investment opportunities have been placed on our website.
They are predominantly 3-4 bedroom house & land packages in great areas of
the Gold Coast or the Sunshine Coast - some only a stone's throw from the
water. (We are not promoting units in Queensland, as we believe that in
general they are in over-supply.) The house & land packages are generally
priced around $400k (some more, some less), offer great capital growth
prospects, and we are able to provide a rental assurance of 5% gross yield on
completion and, where construction finance in involved, a gross yield of 4%
during the construction phase.
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Apartments in Crows Nest on Sydney's prestigious lower north shore are
selling well and prices are being supported by independent valuers appointed
by funders. Some one bedroom apartments remain (from $385k – we can
arrange a one year lease at $420 per week). We have now also have
available large three bedroom apartments that are very hard to find in this
location (see website).
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If you have a particular requirement that is not met by our general offerings,
please advise as we may be able to locate properties that will meet your
need.
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To reflect the broader geographical scope of our operations, we are pleased
to advise that we will be changing our trading name to Compass Capital
Property Group (compasscapital.com.au).
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