Over the past three months shares in James Kellys eight location resort park group Lifestyle Communities have risen from $0.75 to $1.00, a 33% jump. If you are interested in this emerging segment of the market you can participate in the village tour and talk that is part of the Retirement Living Council National Conference next week in Melbourne. Inquire HERE
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home