Here and Now
Grand Reef in Dee Why was one of the first buildings to borrow from us – we were delighted to be able to help them through a very difficult period for such excellent results.Here is their story:
 | BETTER – improves lifestyle, ROI and wealthBorrowing is a very competitive means of funding a strata corporation's needs. It is also one of the most effective ways of guarding and maximising your investment. This is because borrowing is an enabler - it makes possible the necessary maintenance and desired improvements to your building. Almost everyone borrows to buy a house or unit because borrowing enables them to achieve their goals. Most house owners will also borrow to fund major renovations. It's the same for capital works on common property - borrowing enables you to invest now. Borrowing also improves your Return on Investment (ROI). In other words, it provides the all-important financial leverage so that you can increase your returns. If you borrow, the works won't drag on in stages. This means less inconvenience and less cost. Your lifestyle is improved as a result - whether you're an owner occupier or investor. And as an investor, rental possibilities and tenancy stability are enhanced. These improvements add up to increased overall wealth. The building is improved, increasing its resale and rental value. Cash flow is freed up from the obligations of inefficient sinking funds and onerous special levies. This has certainly been the experience of Lannock's customers - see our Case Studies and Testimonials for examples. |
