Off the plan and Gosford project march 2016

59
Master Class: Pros and Cons of Investing Off the Plan + Boutique Investment Opportunity With Brent Backhouse From iBuyNew

Transcript of Off the plan and Gosford project march 2016

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Master Class:

Pros and Cons of Investing Off the Plan + Boutique Investment OpportunityWith Brent BackhouseFrom iBuyNew

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We help investors build and manage

their property portfolios

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In partnership with…

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Real Estate Investar’s tools

Visit www.realestateinvestar.com.au for a free 21 day trial

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Master class webinars• Designed to share knowledge

• Desire to provide extra value to our clients

• Great for both new and experienced investors

• Plenty of opportunity for Q&A

• We run these regularly throughout the year, and sometime involve our partners to provide additional insight and offers

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Todays topics1. The pros and cons of buying off the plan

2. Tips on how to evaluate off the plan projects

3. The opportunity that exists with regional areas

4. A preview of a boutique project opportunity in Gosford in the Central Coast region of NSW

Plus a Live Q & A session following the Webinar

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General advice disclaimer

Material contained in this presentation is an overview only and it should not be considered as a comprehensive statement on any matter nor relied upon as such. This presentation contains general information only and does not take into account your personal objectives, financial situation or needs and you should consider whether the information is appropriate to you before acting on it. Both superannuation and tax laws are complex and subject to change. Before acting on any information you should consider seeking advice from a financial adviser and your accountant before making any financial decision in relation to any matters discussed in this presentation.

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Audience poll:

What type of property investor are you?

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Audience poll:

When are you planning to invest next?

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Pros & Cons of Buying Off the Plan +Boutique Investment Opportunity

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In this presentation we will discuss:

• Who is iBuyNew?• Off the plan: Pros & Cons• An overview of Gosford• Exclusive Gosford Project

AGENDA

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WHO WE ARE

• iBuyNew is a facilitated market place for property buyers looking to purchase new property

• Established since 2009

• Offices in Sydney, Melbourne and Brisbane

• We have the largest selection of new property in Australia

• Hundreds of satisfied clients

• Almost $500,000,000 worth of exchanged contracts

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OUR EXECUTIVE TEAM

Mark MendelCEO

Adir ShiffmanNon Exec Chairman

John KolendaNon Exec Director

Andrew JensonNon Exec Director

Calvin NgNon Exec Director

Brent BackhouseHead of Projects

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WHAT MAKES US DIFFERENT?

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WHAT WE DO

• Access the Australian market looking for suitable opportunities

• Identify opportunities that match client requirements

• Communicate and facilitate the whole sales process

• Hold clients’ hand and provide guidance to the buyer

• Build sustainable investment property portfolios

• Mitigate Risks

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WHO WE WORK WITH

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• Off the Plan – purchase a property that has yet to be built• Cannot physically see it• Rely on floor plans, price lists and CGIs• Typically require a 10% deposit

WHAT IS OFF THE PLAN?

Boutiques High Rises

Project Types

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PROS AND CONS OF BUYING OFF THE PLAN

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PROS AND CONS OF BUYING OFF THE PLAN

1. Pre Release Prices2. It’s brand new3. Higher Rental Yields4. First choice of apartments5. Tax benefits6. Stamp Duty Incentives for FHBs7. FHB Grant

1. Development might not go ahead

2. Property values can go up and down

3. Your financial circumstances can change

4. Interest rates5. Finished product can change

PROS CONS

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WHAT ARE THE RISKS?

Risks Valuation Build Quality Build Size Build Time Interest Rate Movements No Tenant Change in Personal

Circumstances

Solutions Due Diligence / Research Past Experience of Developer /

Builder Contract Review Sunset Date Pre Qualify and allow for Buffer Selection / Size / Location IBN Company Protection

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WHAT WE AVOID

MINING TOWNS HOLIDAY TOURIST APARTMENTS SUPER HIGH DENSITY

OLD STYLE RENOVATORS POWER LINES RURAL TOWNS

AVOIDAVOID

AVOID

AVOIDAVOID

AVOID

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WHAT WE LOOK FOR

QUALITY FINISH GREAT LOCATIONS TRANSPORT

SHOPS, CAFES + RESTAURANTS GOVERNMENT + PRIVATEINVESTMENT

EMPLOYMENT HUBS

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WILLIAM HIRST DEVELOPMENT

EQUITY CREATED: $150,000

• Location: Sydney• Project: Arncliffe• Exchange Date: 2013• 2 bedroom Apt: $560,000• Current Listed Price: $710,000

OUR RESULTS

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THE GRANDE DEVELOPMENT

EQUITY CREATED: $160,000

• Location: Sydney• Project: Liverpool• Exchange Date: 2013• 2 bedroom Apt: $340,000• Current Listed Price: $500,000

OUR RESULTS

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APEX ZETLANDDEVELOPMENT

EQUITY CREATED: $310,000

• Location: Sydney• Project: Zetland• Exchange Date: 2011• 2 bedroom Apt: $590,000• Current Listed Price: $900,000

OUR RESULTS

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EQUITY CREATED: $310,000

IDENTIFIED HOTSPOT

GOSFORD

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Source: www.onthehouse.com.au

TOP GROWTH AREAS 2016

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LOCATION

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HOUSE UNIT

Median Price $598,000 $438,500

Quarterly Growth 0.86% 5.63%

12-month Growth 30.48% 17.91%

Av. Annual Growth 17.59% 17.43%

No. Of Sales 33 185

Days on Market 78 33

Source: www.yourinvestmentpropertymag.com.au, www.onthehouse.com.au

GOSFORD SNAPSHOT

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GOSFORD SNAPSHOT

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DSR SCORE: GOSFORD

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• 65km north from Sydney CBD• Part of the Central Coast region• Third largest urban area in NSW after

Sydney and Newcastle• Designated an important growth centre

under the NSW Metropolitan Strategy

CITY OVERVIEW

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GOSFORD: ATTRACTS BIG BRANDS

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Hospital

Transport Schools

Parks

WHY INVEST IN GOSFORD?

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GOSFORD: FORECAST POPULATION

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GOSFORD: WHAT DRIVES GROWTH?

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•Gosford City Park - a formalised, passive recreational space with improved links to the Central Coast Stadium.•The Gosford Breakwater - a new retail, restaurant, commercial precinct and possible ferry wharf.•Creation of over 2,000 new jobs.

GOSFORD: WATERFRONT REZONING

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• $368 million Hospital redevelopment over 5 years.

GOSFORD: HOSPITAL REDEVELOPMENT

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HIGH SPEED RAIL LINK TO SYDNEY

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UNIVERSITY OF NEWCASTLE <> GOSFORD

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ATO OPEN NEW OFFICE IN GOSFORD

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CENTRAL COAST GROWTH

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GOSFORD GROWTH

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Audience poll:

Which city do you plan to invest in next?

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INTRODUCING: 8 SEASONS

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8 SEASONS: INTERIORS

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• Boutique Development• 48 x 2 Bedroom Apartments• Spacious Living Areas• Water and District Views• Prices from $435,000 to $490,000

8 SEASONS: OVERVIEW

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8 SEASONS: LOCATION

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8 SEASONS: FLOOR PLAN SAMPLE #1

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8 SEASONS: FLOOR PLAN SAMPLE #2

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8 SEASONS: INVESTMENT CASHFLOW

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• Gosford has plenty of potential and is one area that we have highlighted for growth.

• Major stop between Newcastle and Sydney.• 1 hour from Sydney CBD.• Waterfront minutes away.• Planned high speed train link – 28 minute journeys

to Sydney CBD.

8 SEASONS: SUMMARY

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• PURCHASE IN OUR GOSFORD PROJECT AND SLASH $10K OFF THE OFFICIAL LIST PRICE.

• We launched this project last week and 7 have sold. We expect it to be sold out shortly.

SPECIAL OFFER FOR

REAL ESTATE INVESTAR MEMBERS

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Audience poll:

Are you thinking of investing in this project?

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Audience poll:

Would you be interested in a free mortgage health check?

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Any questions?

Q & A

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Register your interest in 8 Seasons

To register for more information and a detailed Property Report go to…

info.realestateinvestar.com.au/8seasons

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Thank You

Thank you for attending.