Echo Beach Set to be a Hit
Overseas Property News - Australia
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Not just a hit song by Martha and the Muffins, Echo Beach in South Australia is also likely to be a hit with property investors looking for excellent, and possibly spectacular, gains with minimal capital risk. DSR Asset Management Ltd has prime plots in Echo Beach, Beachport, Australia for sale, with a price tag starting from as low as the cost of a fitted kitchen.
The Australian property market is showing strength now. David Airey, president of the Real Estate Institute of Australia said last week
"I've been desperately trying not to call it but I think we've seen the bottom and we're seeing investors coming back into the market"
Land traditionally appreciates faster than houses, and an independent analyst recently reported
“Based on experience and research we conservatively estimate that capital growth for this coastal property (Echo Beach) without planning permission would range from 10-15 percent per annum.”
However gains for investors in this innovative project could easily be far higher – and here’s why.
Enhanced planning is currently being sought by the developers of Echo Beach to build eco homes. The local council have indicated to them that they are
“…very supportive of development that is consistent with the natural environment and seeks to preserve natural vegetation, particularly in Coastal areas. The council are willing to work with you on this project to produce an outcome that best satisfies all parties involved.”
If enhanced planning permission is granted, as seems likely, investors could be looking at an additional 500-1,000% increase in asset value, again based on independent market estimates. You would be pushed to get this rate of return from investing in a fluke penny stock, yet here you have a realistic chance of a property ten-bagger from a secure investment in land.
Echo Beach is located in the picturesque seaside town of Beachport, on the world famous, fossil-rich Limestone Coast, just over an hour’s drive from Mount Gambier, the second-largest city in South Australia. Tens of thousands of tourists come every year to enjoy its relaxed atmosphere and stunning coastline and to bathe or walk on wide stretches of beach. The clear, sheltered waters of Rivoli Bay are perfect for all denominations of water sports.
DSR Asset Management Ltd are offering Echo Beach beachfront and direct ocean view land in this unique development of 65 acres, with plots from 500 sq m upwards, starting from £15,000 and rising to £30,000.
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Editor Notes
About DSR Asset Management Ltd
DSR Asset Management Ltd is an established leading overseas property specialist, working closely with developers in many countries to provide an exclusive turnkey service for the discerning investor.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com or call +44 (0) 115 871 4594
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