With the settlement of our latest site at Coral Cove, Queensland, the RF Corval Manufactured Housing Estate Fund is now poised to deliver 1,200 homes.
Manufactured Housing Estates, also known as Land Lease Communities, provide residents with both an affordable housing solution as well as access to fantastic amenity that allows residents to maintain an active and social lifestyle. Our communities feature indoor/outdoor pools, cinemas, gymnasiums, bowling greens and tennis and pickle ball courts to name just a few!
Having recognised the market dynamics that underpin the strong demand drivers for the sector, we established the RF Corval Manufactured Housing Estate Fund in 2019. The Fund has a strong track record of performance and we are now inviting new investors to come on the journey with us.
Whilst providing significant social benefit, investors in the Fund also benefit from owning the appreciating land asset, as well as receiving an annuity like income stream from the ground rent that it receives from each of the residents – this income is driven by annual uplifts.