Rent the land to do anything you want with it and get the option to purchase the property at any time during the lease. Every time you pay the rent, $200 goes toward repaying property purchase.

For example:
Rob rents the property for $250 p.w with $200 rent credit.
After a year, Robs rent credit is $200 x 52 weeks ($10,400). If Rob wants to buy the house now, instead of paying the full purchase price of $220,000 Rob only has to pay $209,600.
After 2 years, Robs rent credit is $200 x 104 weeks ($20,800) and he can purchase the property for $199,200.
After 3 years, Robs rent credit is $200 x 156 weeks ($31,200) and he can purchase the property for $188,800.

The good thing about rent-to-buy is that when the value of the property increases, your purchase price only decreases. The purchase price of the property does not only hold still, it actually decreases with the rent credit which has a compounding effect on building yourself equity.

You can do anything you wish with the land: Put a caravan/relocatable home and live there in retirement if you like! Or just hold it and do nothing while you wait for property prices to increase.

About the property: The property is a 9000sqm block of raw land in Spencer, Sydney with beautiful views of the Hawkesbury River. Only 45 Km’s from Sydney CBD. The property backs on to the national park at the rear. There’s lots of privacy. The views from the top are spectacular! And there are boat ramps down the street from the property. Imagine fishing/boating & crabbing right at your doorstep.

Electricity, phone & Foxtel cable services are available. Gosford council’s website said they are putting in sewerage and water to all villages along the river. There is a proposed 10 year plan to build a link road from F3 to M7 freeway’s with an on/off ramp at Spencer.

Price and terms are very fair and negotiable.
This deal is perfect for you if you can’t get a bank loan or you don’t have a deposit and want to own your own block of land. This will move fast, so call now if you want to own your own 9000sqm of land in Sydney.

Call me on 0402 887 445 or email me: joeh80sydney@yahoo.com.au