Off The Plan
Off The Plan

Pacific Rim Business Brokers Pty Ltd is a fully licensed business broking and real estate agency specialising in the sale of "off the plan" properties, completed properties, development sites, motels and resorts. Jack Brislee, the principal, is a qualified accountant with over 28 years’ experience in business sales and real estate transactions.

Australians love real estate. Approximately one in seven Australians own one or more investment properties. They know that real estate is a proven, tax effective wealth creation strategy. In Australia, and in most other countries, the majority of millionaires made their money from real estate.

There is one investment strategy that can deliver superior profits to conventional real estate purchasing, and that is buying "off the plan".

When you buy off the plan you enter into a contract to purchase a property before it has been constructed. That means:

  • You buy in today's market, but settle in tomorrow's market.
  • If the market has improved during the one to three year construction period you stand to make a significant gain on settlement.
  • In some Australian states, stamp duty is reduced or eliminated for off the plan purchases.
  • With new properties you can claim the maximum depreciation allowances, thereby making off the plan purchases very tax effective.

If you have decided that the property market is the right investment for you, then why not enhance your profits with an off the plan purchase? If the developer is selling below the prevailing market price, if the market rises during the construction period and if all goes according to plan you may well make a profit far superior to that made in conventional real estate transactions.