PLATYPUS IMPACT HOUSING AUSTRALIA LIMITED
ABN 7765 4195 445
A REGISTERED CHARITY
SHARED EQUITY PROGRAM
Whether you are an individual investor, a couple, a family, a tenant, or anyone else interested, you have the opportunity to benefit from the Platypus Impact Housing Australia (Platypus) Shared Equity program.
​This innovative initiative is a signifcant advancement and is straightforward to engage with.
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The Platypus Shared Equity opportunity enables you to acquire a property with a minimal initial deposit. For instance, you can secure a property with just 5% deposit, with Platypus contributing an additional 15% to constitute a total Shared Equity Balance of 20%. This contribution from Platypus is provided as a no-interest loan, repayable over a period of up to 10 years! There are NO MONTHLY PAYMENTS and you may commence ownership with as little as $5,000.
It's important to note that Shared Equity does not entail shared ownership; rather, you retain 100% ownership on the title of the property. By achieving a 20% deposit, you will avoid Lenders Mortgage Insurance (LMI), resulting in significant savings and also reducing your monthly payments on the first mortgage.
You have the opportunity to purchase a property with an initial partial deposit, starting from as little as $5,000. Platypus will cover the remaining portion required to complete the 20% deposit, This arrangement is known as SHARED EQUITY, designed to reduce upfront costs and eliminate Lenders Mortgage Insurance costs (LMI).
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Under this program, you repay the15% to Platypus at the end of ten years or earlier at your discretion without any interest payments. The property is likely to double in value by that time. This structure offers flexibility and financial advantages for prospective homebuyers and investors.
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Benefits of Shared Equity for investment
1
Full control of all rental income generated
When employing the SHARED EQUITY strategy with Platypus, you retain full control of all rental income generated including tax concessions.
2
Utilizing your SMSF for investor
Utilizing a SMSF (Self Managed Super Fund), you may leverage your Super Guarantee Contributions from your employer to reduce your mortgage and fortify your asset through pre-tax payments.
3
Redirect your funds towards property ownership to create wealth
If you are currently renting, you might be contributing to someone else's property investment. Through our SHARED EQUITY program, you can redirect your funds towards creating your own wealth through property ownership.
4
Save on taxes while building wealth
(for investors)
Furthermore, you can claim back all depreciation permitted by the ATO on the construction costs of your new home, allowing you to save on taxes while simultaneously building your wealth. By seizing this opportunity, you can effectively redirect your tax SAVINGS for your own financial benefit, rather than the ATO.
5
Property price is locked in
The price of the property is locked in while you enhance your equity and capitalize on any increases in property value during the construction phase. For example, a 6% increase on a $550,000 property could yield an additional $33,000 annually! Which is entirely yours to keep as equity even before you settle. This potentially generates 100% on your deposit.
To learn more about how you can benefit from this opportunity, simply complete the form, and we will promptly provide you with further details and a copy of our brochure.
