Retirement Village Development – High Return Potential
As a reader of our newsletters you may have read the Offer to subscribe to the construction of a License to Occupy (LTO) retirement village with an aged care facility in Amberley just out of Christchurch. An indicative loan offer to secure the land and provide the development finance has been received.
As a reader of our newsletters you may have read the Offer to subscribe
to the construction of a License to Occupy (LTO) retirement village with
an aged care facility in Amberley just out of Christchurch. An
indicative loan offer to secure the land and provide the development
finance has been received.
Investment in the construction of the village, and its ongoing
operation, is being offered to potential investors. $5,000,000 equity
will be raised in the form of a Special Partnership. 50 partnership
units in the Partnership are being offered at $100,000 each.
The projected returns to investors in this project are substantial. In
addition Government incentives for LTO retirement villages offer special
tax benefits to participants - which as a member of a limited
partnership can flow through to them on a personal basis. According to
the Amberley budget, for a $100,000 investment, on completion of the
Village there is a budgeted $166,000 development profit - yes profit.
And this profit is tax free, as for retirement villages there is no tax
on the development profit.
At the time the village is completed it is predicted to be generating an
annual income to investors - from the resale of the LTO units - of
$70,000 each year. And this should increase over time. At the time all
the LTOs are filled, the estimated value of an investor’s asset, which
cost $100,000, could be up to $700,000.
Note there will be also a large aged care facility built on site which
will provide for rest home, hospital, and dementia care. And as an
investor in the retirement village you would also enjoy the same equity
share in this aged care facility with no further financial contribution.
For example a 5% share in the retirement village will give a 5% share
in the aged care facility and access to the income from that share, for
no further financial contribution.
Applications to invest are being taken now up to the end of September or
when the Offer is filled. Potential investors will be required to a
pay 20% deposit on application which will be held in a solicitor’s trust
account. The balance of the investors’ investment will be required near
the end of October.
If you wish to participate please reply to this email for a copy of the
IM describing the Offer and the financial projections. Once you’ve read
it let me know how many $100,000 units you’d like to apply for.
Want to Know More?
If you have any queries, or would like to speak to the developer and
promotor of the opportunity, Tim Bartells, email or phone
me on 021 902 901.
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The above investment is not an offer of financial products that
requires disclosure under the Financial Markets Conduct Act 2013 (Act)
and is available only to wholesale investors as defined by that Act. It
is intended for distribution only to selected people to whom, under the
relevant laws, it can be lawfully distributed. It cannot be distributed
in any other jurisdiction, or to any other people. It is not an offer or
solicitations in any jurisdiction in which such offers or solicitations
are not authorised, or in which the person making such offers or
solicitations are not qualified to do so, or to any person to whom it is
unlawful to make such offers or solicitations. Any representation to
the contrary would be unlawful. No action has been taken by any person
that would permit a public offering in any jurisdiction where action for
that purpose would be required.
Cheers
John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10,120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz
For more information, please click the contact button below to send us a message.
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