South Australia has similar lifestyles and opportunities to other countries other Australia states, but less expensive.
Easy to own
More than two-thirds of people living here own or are buying a home, market demand is high.
High rental yield
Rental yields in Melbourne ans Sysney are around 2.8% annually. In Adelaide it is 5% - very beneficial for investors.
Cultural diversity
The governor of the state in South Australia is Mr. Le Van Hieu - he was born and raised in Vietnam. South Australia also has easier policies to welcome international investors.
AVERAGE HOUSE PRICE IN 3 BIG CITIES
Thành phố
AUD
VND
Sysney
$1,079,491
17,251,182,141.41
Melbourne
$855,428
13,673,130,259.29
Adelaide
$538,550
8,608,163,750.94
Domain House Report - 24 October 2019
Development opportunity
Mantra Wallaroo Shores Resort overlooks three glorious beaches and a multi-milliondollar marina. Its unrivalled location is ranked as one of the most popular in the fastest growing tourism market in Australia.
Opportunity
Mantra Wallaroo Shores Resort is an excellent opportunity for Developers to enter the Australian property market.
The resort is a master-planned complex comprising 100 townhouses, function centre, restaurant, meeting rooms, luxury cinema, gymnasium, swimming pools and tennis court. The resort is located in the pristine coastal town of Wallaroo,
Onstruction of townhouses
Developers will enter a Construction Agreement with Monopoly Property Group to oversee construction of the townhouses, which start from AU$408,750. Developers will maintain regular contact with the project manager to ensure ongoing success of the development and will influence key decisions.
World class operator
The resort will be managed by the largest Australian based hotel and resort marketer and operator, Mantra Group, which manages over 125 properties internationally - 70 of them out of Australia, New Zealand and Indonesia. Mantra Group is owned by the global hospitality giant, Accor Hotels Group
Long term lease
Under a 20years lease to Wallaroo Shores Resort Management Pty Ltd, the townhouses will, from the resort opening date, receive an initial net return of 5% p.a. (all outgoings paid by the Resort operations) making it a very attractive investment for purchasers of your townhouse development.
Risks
Subject to customary property development risks.
Exit strategy
Monopoly Property Group will assist developers to implement an aggressive sales and marketing strategy for the sale of completed townhouses.
Investment highlights
South Australia is experiencing tremendous growth in international tourism, with growth in expenditure out-pacing the wider Australia tourism market by 49% Chinese vititors along in South Australia grew by 48%.
Wallaroo and the surrounding area (Yorke Peninsula) attracts more overnight visitors than the world famous Barossa Valley, Adelaide Hills wine regions and Kangaroo Island combined.
The only fourstar Resort on the Yorke Peninsula, including function cectre, restaurant, meeting rooms, luxury cinema, gymnasium, swimming pools and tennis courts.
The townhouses will be fully managed and operated by the Mantra Group, Australia's leading hotel and resort marketer and operator.
Fully approved development reducing the risk of the
The townhouses will generate a 5.0% p.a. holding income from the Resort opening date with costs relating to refurbishments, replacements, utilities and management fees paid from Resort operations.
Saleability of the townhouses is underpinned by a 20-year registered lease-back
Monopoly Property Group is an international, multi-award winning development company - 3x winner of Association of International Property Professionals - Best Developer, Africa, Asia and Australasia.
WHY SHOULD INVEST IN RESORT REAL ESTATE
- The Wallaroo Shores project, located in the York Penninsula area, has a langer number of annual visitors than the three tourist attractions of the Adelaide Hills, the world-famous Barossa Valley wine region and the famous Kangaroo Island combined..
- Meanwhile, the entire York Penninsula area has only 125 rooms.
- Tourists coming here always have to book a room in advance a very long time.
- The number of tourists is very large but the number of rooms is too small, making the project extremely attractive for investors.
REGION
OVERNIGHT
VISITORS P/A
% REGIONAL
VISITOR NIGHTS
% REGIONAL
DIRECT JOBS
% REGIONAL
HOTEL
ROOMS
% REGIONAL
Adelaide
4.3 M
16.4 M
16 K
5886
Fleurieu Peninsula
729 K
16.95%
2.4 M
14.63%
3.1 K
19.37%
490
8.32%
Limestone Coast
617 K
14.35%
2.0 M
12.02%
1.9 K
11.88%
970
16.48%
Flinders Ranges & Outback
733 K
17.05%
3.3 M
20.12%
2.1 K
13.13%
1271
21.59%
YORK PENINSULA
528 K
12.28%
1.7 M
10.37%
1.3 K
8.13%
125
2.12%
Eyre Peninsula
423 K
9.84%
1.8 M
10.98%
1.8 K
11.25%
987
16.77%
Riverland
392 K
9.12%
1.3 M
7.93%
1.1 K
6.88%
502
8.53%
Murraylands
327 K
7.60%
962 K
5.87%
1.0 K
6.25%
165
2.80%
Barossa Valley
225 K
5.23%
616 K
3.76%
900
5.63%
365
6.2%
Clare Valley
183 K
4.26%
434 K
2.65%
500
3.13%
147
2.5%
Adelaide Hills
181 K
4.21%
688 K
4.2%
1.2 K
7.5%
177
3.01%
Kangaroo Island
154 K
3.58%
555 K
3.38%
800
5%
261
4.43%
WHY SHOULD INVEST IN RESORT REAL ESTATE
- The resort project is designed with a unique way to attact buyers.
- Compared with other conventional real estate projects, this project saves a lot of costs.
- No need to pay tax
- No need to pay GST when reselling the project to an independent buyer (10% cost savings)
Selling a $500,000 Resort Townhouse compared to a regular Townhouse
Average Cost
Fees
Regular Townhouse
Resort Townhouse
Stamp Duty
$21,330.00
$0.00
GST
$50,000.00
$0.00
Annual Water Rates
$2,086.00
$0.00
Annual Electricity Rates
$2,400.00
$0.00
Annual Council Rates
$1,860.00
$0.00
Annual Insurance Rates
$1,500.00
$0.00
Annual Maintenance Rates
$1,000.00
$0.00
Totals
$80,176.00
$0.00
TOWNHOUSES & VILLAS
The resort Townhouses and Villas are a part of a 4-star resort with 95 fully serviced 2 bedroom townhouses, 5 all accessible single-storey Villas (each with 2 car parks), a Function Centre featuring resort services, a restaurant, gymnasium, banqueting, catered function rooms, meeting rooms, a cinema/conference facility, and offices. Common areas will include additional recreation areas featuring a swimming pool oasis for adults and children, tennis courts, an outdoor gymnasium and BBQ areas.
We have only 4 lots: 2, 40, 98, 99 which are being completed and will be put into operation in December 2022.
