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Serviced Apartment Investments for Different Life Stages

As we move through different life stages, the changes we encounter have a huge impact on what we want to get out of our investment strategies. Older people looking at retiring now need to replace their salary with another income source. Others may have come into an inheritance, and are suddenly faced with where to turn to invest. Some may have saved plenty of cash, and want to invest in a reliable, long-term strategy that delivers regular cash returns. Serviced apartments are suitable to all these life stages.

Empty-nesters

When the kids (finally) move out for good, many people re-evaluate where they are at, and assess what their property investment strategy is doing. Empty-nesters are often still working, but may not need the large family home anymore, or want a sea- or tree-change that may provide leftover capital. A serviced apartment investment might be a way to put that money to work without having to learn about and negotiate the fluctuations of the residential real estate market.

Retirees

With the day-to-day responsibilities of work now behind them, retirees are faced with how to fill all that leisure time – and how to pay for it. A lump-sum super payment may seem exciting, but managing that cash over the rest of your lifetime requires a plan. Serviced apartments are a popular choice with retirees for their simplicity and reliability. Long-term leases mean cashflow can be relied upon, eliminating the potential stress of vacant periods.

Cash in the bank

For those with a healthy bank balance who are looking to diversify their strategy, serviced apartments offer a great return on investment. Available in a number of locations around the country, and with a wide range of price points, finding an apartment that suits your strategy and budget is relatively simple.

While serviced apartments aren’t often the first strategy that comes to mind, as an investment option they do offer a range of benefits.

  • Long-term leases (usually five years, with the option to renew every five years) providing ongoing stability
  • Regular, agreed-upon rental payments, whether the apartment is occupied or not, freeing up concerns about loss of income due to vacancy and providing reliable cashflow
  • The inclusion of regular cleaning, keeping the property neat, tidy and well looked-after
  • Alternative strategy to the residential real estate property investment market, allowing investors to easily and simply diversify their portfolio

These benefits make investing in serviced apartments simple and straightforward, with long-term cashflow benefits that can enhance your life. As always, carefully investigate your options and discuss with your accountant or financial planner to see whether a serviced apartment investment will suit your financial goals.

As we move through different life stages, the changes we encounter have a huge impact on what we want to get out of our investment strategies. Older people looking at retiring now need to replace their salary with another income source. Others may have come into an inheritance, and are suddenly faced with where to turn to invest. Some may have saved plenty of cash, and want to invest in a reliable, long-term strategy that delivers regular cash returns. Serviced apartments are suitable to all these life stages.

Empty-nesters

When the kids (finally) move out for good, many people re-evaluate where they are at, and assess what their property investment strategy is doing. Empty-nesters are often still working, but may not need the large family home anymore, or want a sea- or tree-change that may provide leftover capital. A serviced apartment investment might be a way to put that money to work without having to learn about and negotiate the fluctuations of the residential real estate market.

Retirees

With the day-to-day responsibilities of work now behind them, retirees are faced with how to fill all that leisure time – and how to pay for it. A lump-sum super payment may seem exciting, but managing that cash over the rest of your lifetime requires a plan. Serviced apartments are a popular choice with retirees for their simplicity and reliability. Long-term leases mean cashflow can be relied upon, eliminating the potential stress of vacant periods.

Cash in the bank

For those with a healthy bank balance who are looking to diversify their strategy, serviced apartments offer a great return on investment. Available in a number of locations around the country, and with a wide range of price points, finding an apartment that suits your strategy and budget is relatively simple.

While serviced apartments aren’t often the first strategy that comes to mind, as an investment option they do offer a range of benefits.

  • Long-term leases (usually five years, with the option to renew every five years) providing ongoing stability
  • Regular, agreed-upon rental payments, whether the apartment is occupied or not, freeing up concerns about loss of income due to vacancy and providing reliable cashflow
  • The inclusion of regular cleaning, keeping the property neat, tidy and well looked-after
  • Alternative strategy to the residential real estate property investment market, allowing investors to easily and simply diversify their portfolio

These benefits make investing in serviced apartments simple and straightforward, with long-term cashflow benefits that can enhance your life. As always, carefully investigate your options and discuss with your accountant or financial planner to see whether a serviced apartment investment will suit your financial goals.