TEYS strata investments
TEYS Wholesale Development Trust
Developers make large
profits when their property projects work well. One of the major
problems with buying property is that everyone has a finger in the
pie … the developer, a marketing department, a sea of sales
agents.
Imagine if you could buy
property at wholesale rates, cutting out all these ‘costs of
distribution’. Think about the capital gains that there are for the
taking, because you’re buying at a price equal to sworn valuation –
or below.
The formation of a
Wholesale Strata Development Trust is a new
initiative by TEYS, specialists in strata title
management, investments and law. It is designed to deliver
high calibre property to owners who want to be at the right end of
the ‘food chain’.
The concept works like
this …
- A development site is identified and a raft of due diligence
completed to confirm the feasibility of the project.
- Investment partners contribute a deposit of 20% of each
property’s purchase price to a new, purpose-built investment fund.
Their investment is secured by a second mortgage over the
site.
- Each investor also completes an ‘off the plan’ contract of sale
for their chosen property within the development.
- Once all properties in the project are sold, the project can
commence construction with no marketing risk whatever.
- Investors earn a return on their funds which comes off their
purchase price when construction is finished and title issued.
By this means, investors
have become the developer’s financing partner – they share the
profits by buying at a wholesale rate that totally avoids all the
distribution costs normally associated with property
development.
What investors do need,
though, is to conduct the due diligence upfront, co-ordinate the
investment fund, and hire a project manager to run the construction
program. That’s where TEYS comes in, as partner with you, the
investor.
To register your interest and to receive more information about
this upcoming investment opportunity, simply email us with your details.