Promenade at Morisset Park is making exciting new progress. All of the House & Land properties have settled on the land over the Christmas and New Year period.
Promenade at Morisset Park is making exciting new progress. All of the House & Land properties have settled on the land over the Christmas and New Year period.
Silverhall has been a big believer in the Central Coast property market for quite some time now. We have done extensive research on the Central Coast, Including the M1 upgrade between the Tuggerah and Doyalson interchanges, job and employment growth, as well as Infrastructure such as the Wyong hospital, Warnervale Town Centre and the development of Australia’s China Theme Park.
Silverhall Research continues to support identified growth areas. Silverhall clients have purchased in multiple development across the Central Coast, all benefiting from the huge amount of infrastructure investment underway; as well as the significant employment growth happening and to continue. There has been some great activity happening in the last 6 months across the Central Coast. Here are some of the key points:
We kicked off our seminar season in Sydney this week. Despite the storm, we had a great turn out – so thank you to those that braved the weather! Take a look at the photos from our seminar at the Hilton and some of the feedback from attendees.
It is never too late or too early in life to start thinking about how best to invest your super. Attending investment property seminars is a great way of acquiring the information you need to know about investing your super in property and whether it is the right option for your circumstances.
The changes to superannuation laws in 2007 and the introduction of self-managed super funds (SMSFs) meant it was now possible to borrow and charge assets with super funds. Not only could you gain control of your own super and stop paying fees to fund managers, with SMSF investment properties came potential rental incomes, capital growth and taxation benefits.
Once established, your SMSF can borrow money from a lender to purchase investment property, residential or commercial. This property will be held in trust for the superfund by a property trustee until the loan has been repaid, after which ownership can be transferred to the SMSF. This protects other assets if the SMSF should the loan default.
There are other conditions for SMSF properties such as who can live in the property.. Costs, such as council rates or repairs, as well as loan repayments are paid by the SMSF. Also, any rents received go to the SMSF and the decision to make improvements or pay out the mortgage early can be made by the SMSF. It is important to get advice to ensure the trust and loan is structured correctly to comply with the legislation and tax implications.
If you’d like to learn more about investing in property with your super, Silverhall runs informative investment property seminars in Sydney. Find out more by visiting their website or contact 1300 662 143