EP. 1369 LEASEHOLD VS FREEHOLD! KEY DIFFERENCES EXPLAINED

What if you could own a stunning oceanfront property without actually owning the land beneath it? Our latest episode peels back the layers of leasehold property ownership, transforming this often intimidating real estate concept into an intriguing opportunity. From the breathtaking shores of Manly to the historic estates owned by institutions like the Catholic Church, we spotlight the hidden potential of leasehold properties. You'll learn why this unique form of property ownership is not only prevalent in the UK and Canberra but also offers unexpected financial benefits, such as potential land tax exemptions.Our discussion tackles the common myths surrounding leasehold properties, such as the fear of lease expiration and misconceptions about their value appreciation. We share real-world examples, including a recently sold leasehold property on Churchland in Manly fetching a mind-boggling $35 million, proving that leasehold can indeed be a lucrative investment. Whether you're a seasoned investor or a curious newcomer, this episode promises to change the way you view property ownership, revealing why leasehold might just be the perfect fit for your next real estate venture.