View from existing development at Riverview Rise Retreats
Nervous about investing in ‘Shares’?
Hesitant about ‘Term Deposits’ which barely keep pace with inflation?
Unhappy with property managed by ‘Real Estate Agents’ who may have casual inspection / supervision records?
Let's help each other!
We need to expand but banks are not helping so here is an offer of a genuine working partnership that may suit you. We own, live on and manage ''Riverview Rise Retreats'
Location:
Mannum on the Murray River in South Australia one hour from Adelaide
Type:
Freehold Property Investment with Lease Back agreement of 5%
OPTION No. (1)
Market demand proves that Riverview Rise Retreats needs to grow
Riverview Rise Retreats fits the niche market of "Special Occasion Quality Accommodation" and, with the aid of strategic internet marketing, the business is looking beyond our healthy domestic trade and attracting International travellers. Accredited by AAA Tourism, Riverview Rise Retreats is South Australia's only 5 STAR rated property in its category and type. Mannum is growing rapidly, with investors fast tracking major developments in and around the township, with tourism becoming a major element of the local economy. Riverview Rise Retreats needs to expand. There is demand for a variety of accommodation types by visitors, quality accommodation that has been specifically designed and built to suit different markets such as families and small groups.
To achieve this we are seeking expressions of interest and have 4 prime investment opportunities on Offer:
Three individual and self contained 5 STAR accommodation Retreats
(South Australia's only accredited 5 STAR Retreats fully fitted-out and operational)
Three Retreats are on offer, each available as a freehold purchase, with Lease Back agreement paying a 5% annual return to the owner -
PLUS 2 weeks use of the Retreats per annum. Accommodation worth around $4780 can be used in a variety of ways, for your own Special Occasions or just to Chill Out in Luxury for a while, or you may wish to use a couple of days as a Gift Voucher for special friends, staff or clients.
Presently 3 Retreats are available, with current approval for a 4th. Michael & Wink Chorney developed the initial concept of Riverview Rise Retreats, were responsible for design, building, fit-out and marketing of the development. They are also the owners of the property and reside on site. Having managers with an intimate knowledge and track record for managing and maintaining quality accommodation is certainly an added bonus.
So if you’re even a little interested – please let us know quickly.
Ask your accountant (or ours) how you can buy it using your superannuation (SMSF)
OR the negative gearing and depreciation benefits of buying a fully furnished investment property.
Note from the Owners:
Who would have thought, back in 1999, that we would purchase a property that would have provided us with the ability to work from home and increase in value dramatically whilst enjoying a wonderful lifestyle in such a beautiful location all within a stone's throw from Mannum and only 1 hour from Adelaide?
Well as chance has it, we did! When we purchased the property we knew then that this place has a aura or something special about it. In 2005 we changed our business direction to something a little more passive,and taking full advantage of our wonderful location we designed and build three Retreats specifically for the high yield market. After 4 years in the accommodation industry, we are now confident and competent operators who again see the need for growth. We are constantly having to decline bookings from customers within the high yield market who require a range of accommodation types from small couple groups to families who are after purpose designed and built facilities. In order to expand our facility, we need to attract capital and for this reason we have decided to offer three of our existing Retreats to the investor market.
One parcel of land 12 acres in size "Riverscape Estate":
OPTION No. (2)
FACT:
Since the purchase of this land in 1999, ANZ Bank valuation in 2008 proves that the vacant land alone has increased in excess of 1700% within this 9 year period.
1 Title of vacant land sizing approximately 12 acres is on offer. This parcel has a number of highly commendable attributes including:
- Undulating ground with all land having superb township and river views
- Minutes from the growing township of Mannum
- Water license, water pickup, pipeline, pump & pump shed provided
- Sub division being an acceptable form of development
- Survey completed for 13 lot sub-division
- All Community titles Legal's completed
- Full DAC approvals for sub-division
Note from the Owners:
Many property investors have a tale to tell, about a 'lucky' individual who purchased a property for next to nothing and years later was able to divide it and then made a fortune out of what was thought to be useless land. Well it actually happens more often than you think and could happen to you!
In 1999 Wink and I purchased a vacant 40 acre lot for $64,000, of which 12 acres was worth approximately $19,220. Nine years later ANZ valued the same 12 vacant acres (now with its own title) at $350,000, you do the math. With the development of our accommodation facility, Wink and I have found our niche in business and we love it. Three Retreats is not enough, and we want to build more, so we need to raise capital. With the sale of this lot we will have almost 30 acres remaining. The plan is to build more accommodations and associated facilities, specifically designed to suit a range of markets, this will provide visitors to our region an experience of facilities not currently available.
For full details on any of the above properties on offer, please let us know – and we will arrange our Agent send you an information Package.
Or call Wink direct on 0400 310 380 or send an email from Here
OPTION No. (3)
Join us in the venture as an investor.
Photo c/o Mannum.org
About Mannum - a remarkable town on the Murray River
(the birth place of the Australian Paddle Steamer)
A brief introduction
After the Amazon and Nile, the Murray is the world’s third longest navigable river. Mannum, in South Australia, is one of her greatest treasures. It is here that inland Australia, as far and beyond as Wentworth in NSW, was opened up to farming by William Randels’ paddle steamer. Australia’s first car was built by the Shearer Company and the town grew as a major shipping port en route to Port Adelaide.
Today you can still enjoy the buzz of those yesteryears. Tourism is rapidly becoming the major industry drawing visitors from all over the world. Mannum is the home of the worlds best 5 STAR houseboats and matching land bound accommodation such as Riverview Rise Retreats, South Australia's only 5 STAR Self Catering Retreats. Whilst enjoying an increase in population and development, it still retains the charm of a friendly country town that offers much for those in search of a "river change" from city pressures. Just imagine, a town with no traffic lights!
For a comprehensive overview of the town please CLICK HERE
'Marion' moored at Mannum Dock Museum. Photo by Brian Kowald 2007
Town Facilities
You will find exceptional facilities for a population of around 3000:
| Golf Course with greens |
Primary & High School |
| Police Station |
Supermarket, Grocer, Butcher, Baker & Candle stick maker |
| Hospital & Surgery |
Variety Shops, clothing stores & news agency |
| 2 Hotels & Motel |
Banking and ATM facilities |
| Mannum Community Club |
Magnificent lawned River front reserve |
| Numerous cafes |
A number of sporting facilities;Gym & Bowling green |
| Australia's largest houseboat fleet |
3 Real Estate Agents |
Photo c/o Mannum.org
For more information please call :
Within Australia: 0400 310 380
International: +61400 310 380
E-mail HERE
GOOD READING
Latest Investment NEWS 28/12/2009
http://www.news.com.au/money/performers-of-the-decade/story-e6frfmdr-1225814038342
Punters prefer property and shun shares 30/12/2009
http://www.news.com.au/money/punters-prefer-property-and-shun-shares/story-e6frfmdr-1225814658194
Warren Buffett on Leverage 31/12/2009
http://www.fudosan.co.nz/warren buffett/warrenbuffett009.html
Australian housing market fares well, despite tough times 01/01/2010
http://www.news.com.au/money/property/australian-housing-market-fares-well-despite-tough-times/story-e6frfmd0-1225815158569
Investment Performers of the Decade 02/01/2010
http://www.news.com.au/money/performers-of-the-decade/story-e6frfmdr-1225814038342
Investment Signs point to a better financial year - 7. Hunt for a property bargain 03/01/2010
http://www.news.com.au/money/signs-point-to-a-better-financial-year/story-e6frfmdr-1225815795909
Australian property sector is going to be "red hot'' in 2010, economists say. 06/01/2010
http://www.news.com.au/business/breaking-news/drop-in-new-building-approvals/story-e6frfkur-1225816569924
The mother of all property booms will....... 29/01/2010
http://www.propertyupdate.com.au/articles/572/1/The-mother-of-all-property-booms-will-push-median-house-prices-well-over-1-million/Page1.html
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