Community Housing Limited (CHL) is the first Australian community housing organisation to operate nationally and internationally. A not-for-profit organisation, CHL works with local communities to deliver and manage affordable rental housing. It creates stronger communities by enabling low to middle income earners to live in quality homes with secure tenure.
CHL's portfolio covers a broad range of housing from multi storey city apartments, townhouses, duplexes, villas and single houses.
Our properties are well located, brand new and approximately within a 1km radius of schools, shops, transport and medical centres adding value to your investment. Typical inclusions in a CHL property are:
CHL properties are integrated throughout Australia’s city suburbs and rural areas.
Not only do you have the benefits of a secure investment, you are also contributing to the community by possibly creating a stepping stone for low to moderate income earners to step into the home owner market.
The portfolio of properties available for sale will include CHL designed and built properties and those acquired by CHL. The sold properties will need to be leased back to CHL for a period of ten years. During that time CHL will provide a market rental yield at no risk of vacancy along with managing all tenancy and property related issues. At the conclusion of the lease period, investors can continue to rent the property privately, or realise the property’s capital growth over the previous decade by selling.
Investing in these CHL properties is ethical in nature and will raise additional funds that will be used to continue to grow the stock of affordable housing across Australia. This initiative is part of a major push to accelerate the growth of affordable housing over the long term, and will ultimately make up a significant proportion of housing in Australia’s communities. Merging two sectors together (affordable/social and commercial/private) within the housing industry is definitely a step forward in fixing the current shortage of affordable housing in Australia.
Your return is based on market value at commencement less administration fees (currently no admin fees), then indexed by CPI and periodically adjusted to market values protecting you against inflation except for the Rental Valuation Review Dates.
Every year a CPI rent increase is given on the anniversary of settlement.
In years 4 and 7 of the term at CHL’s expense a sworn valuation is conducted to make sure that the rent is in line with market rent.
CHL sublet the property to tenants who are eligible for affordable housing based on Office of Housing’s eligibility criteria. All clients are required to fill in a CHL application form and when a property is avaliable an interview is conducted to make sure they are the right tenant for the property.
All outgoings are paid by you with the exception of water consumption, electricity, gas and telephone charges.
The property is managed by CHL at no management cost. We will carry out periodical property inspections; attend to non-structural repairs and any emergency maintenance on your behalf, in accordance with the lease to add value to your investment.
Please refer to the Lease agreement for fees details
Yes. Please contact CHL for a copy of the brochure or click this link for downloading the brochure Ethical Property Investment
Please contact Emma Tucker by calling 03 9856-0071 or emailing at emma.tucker@chl.org.au or invest@chl.org.au.
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