THE OFFER
How it has come about
The developer has recently released to market those last remaining units that were not made available for sale at the time the project commenced.
The developer behind these properties is one that mrd has worked with in the past. We are confident that the location, build quality and finish will make for an exceptional long term investment.
Banks in general are nervous about the general economy. As such, some are reducing their most recent valuations within this project… from what they were previously valuing them at.
These new bank valuations, in our opinion, do not reflect the state of real market as much as they expose the banks very strong attempts to mitigate their risk… by ensuring that purchasers who borrow 80% (of the valuation) will chip in more than just 20% (of the purchase price).
We have used our relationship and track record as leverage to negotiate with this developer to have him agree to absorb the difference between the market value and recent bank valuations.
This developer has been told by his lender that he must clear ALL his remaining completed stock before they will agree to funding the construction of his newer projects.
This change of attitude from his lender; who had previously said “YES” to his funding request – before the global credit crisis – has incentivised/motivated the vendor to make this limited, attractive offer on those last remaining completed stock items.
Therefore, we are excited to be able to offer a small number of investors, a brand new property at 2005/2006 prices, PLUS a few other sweeteners/incentives as well.
“This presents a tremendous opportunity for mrd clients”
That statement is correct; but it is also a gross understatement! Aside from yesterday’s pricing, mrd clients will still receive all our standard benefits and guarantees.
Each property comes with value added buyer incentives. Some also offer significant savings on the purchase price plus a cash rebate at settlement!
UDO’S PROBLEM JUST BECAME YOUR OPPORTUNITY!
FEATURES
- A never before seen by mrd offer; negotiated and ‘signed off’ on with one of our trusted developers
- A limited number of properties; completed and ready to settle; some already have tenants
- A cash rebate at settlement on Clifton Waters apartments
- Property management fees covered for 2 years on Clifton Waters apartments
- Rents guaranteed at better than a 5% gross return for between 1 year (or 2 years for Clifton Waters)
BENEFITS
- If you have cash sitting in a savings account earning less and less interest, this is the opportunity to make it work a lot harder for you
- It has never been cheaper to borrow money. This means your investment will be positively cashflowed from the outset (or if not, soon after). Combine surplus rental income with the mrd Advanced Finance Strategy and we will show you how to potentially pay off your home loan sooner. Many people will save (literally) tens of thousands of dollars with this strategy
- Imagine positive cashflow from day one (or for some, soon afterwards) and a rebate cheque in your pocket as a “rainy day buffer”
- Maximise your disposable income while you minimise your tax liability and set up a bright financial future for your family
INDIVIDUAL PROJECT OFFERS
CLIFTON WATERS @ Clifton Beach, Cairns
Added incentives on offer with this new project include:
- Discounted purchase price of up to $40,000
- A cash rebate at settlement
- 2 bedders reduced from $330,000 to $295,000 PLUS a $5,000 cash rebate @ settlement
- 3 bedders reduced from $340,000 to $329,000 PLUS a $19,000 cash rebate @ settlement
- Two years FREE property management
- Two years rental guarantee @ greater than a 5% gross return
- $1,000 ONLY deposit required
Click here for PDF Property Report
THE SANCTUARY @ Fairway Waters, Townsville
Added incentives on offer with this new project include:
- 2 bedders (ONLY) for $328,500
- NB: Those already settled are renting for $340 a week
- Waiting list of prospective tenants wanting to move in
- 12 months rental guarantee at greater than 5% gross return
- $1,000 ONLY deposit required
Click here for PDF Property Report
CITY PARK APARTMENTS @ Mooroobool, Cairns
Added incentives on offer with this new project include:
- Priced from $195,000 (1 bedroom); $265,000 (2 bedrooms); $360,000 (3 bedrooms)
- 12 months rental guarantee at greater than 5% gross return
- $1,000 ONLY deposit required
Click here for PDF Property Report
WHAT NEXT?
Step 1 is very simple. Say “YES PLEASE” to a complimentary, no obligation “Finance Structure & Cash Flow Health Check”! The first thing we need to do is ensure that you are in a position where you can (and should) consider an investment purchase right now. We will run a complete personalised analysis of all costs, incomes and so on… to give you full disclosure and complete understanding of the impact a property purchase would have on your situation. Having said that, at these prices/rents… most people will be cashflow positive from the start. So, to take advantage of this part of our Customer Care Program; simply click here and include your best contact number and we will get back to you.
Happy Investing,
Nick Lockhart
mrd Customer Care Program… because investing is personal
