Over 50s Booming in Bethania
In response to the City of Logan’s continued population growth, over 50s community Ingenia Lifestyle Bethania, is helping meet demand with the innovative land lease ownership model.
Smart, savvy downsizers have embraced the model, saving them hundreds and thousands of dollars on a new architect-designed contemporary home located within relaxed, resort-style surrounds.
Project Sales Manager, Lydia Lawton, said Ingenia Lifestyle’s affordable, sustainable housing solution enables asset-rich, cash-poor downsizers to free up their equity and help fund a more comfortable lifestyle in their golden years.
“By leasing the land, downsizers have access to a more affordable upfront purchase price and stamp duty fees are eliminated.
“Most importantly, there are no exit/DMF fees to pay and you keep 100% capital gains protecting your financial security and independence,” Lydia said.
The popularity of the land lease model is catering to the influx of downsizers moving to the Logan area, with brand new homes starting from just $309,000.