retirement villages

  1. 78 Posts.

    Anyone got an investment in retirement vilages?

    Just got offered 2 units (80g each) in QLD.
    Rent will be covered by the pension rent allowance + up to 75% of pension.

    Total Investment will apparently be positively geared to the about 130$ per week (with interest rate =6.5%).

    This will be my first investment.

    Anyone got any advice / comments?

    Thanks in advance,
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