Land Lease Community Investment & Development.
Eucalypt Estates invests in assets well placed to benefit from Australia’s ageing population demographic. Founded through a partnership of Australian family offices, we invest in alternative accommodation assets that deliver durable, inflation-linked cash flows.
The opportunity
Australia’s ageing population is structural, and compounding year on year.
Every five years, 1.65 million Australians enter retirement age. This demographic, combined with a cost-of-living crisis, collapsed housing affordability and record-low rental vacancy, means demand for alternative, affordable residential living keeps building.
Australians enter retirement age every five years
Projected growth in Australians aged 65 and over, 2020 to 2042
National rental vacancy rate
Land lease penetration per capita in the US versus Australia
Sources: ABS, AIHW, SQM Research, CBRE.
The asset class
Land Lease Communities.
Residents buy a manufactured home in a purpose-built village. The operator owns the land beneath it, and with it hundreds of permanent, inflation-linked cash flows that outlast any single resident.
For investors
Inflation-linked income
Annuity-style site fees, near 100% occupancy and near-zero capex on the dwellings.
De-risked development upside
Manufactured homes turn under-used land into new home sales, each adding a permanent site fee.
A deep exit pool
A highly investable asset class sought by listed operators, funds and institutional capital.
Strong demand drivers
An ageing population, stretched housing affordability and record-low rental vacancy.
For residents
A new home for less
Residents buy the home, not the land, typically for well below the price of a nearby house. No stamp duty applies in most states.
Equity released
Downsizers sell the family home, buy in, and keep the difference to fund retirement.
Lower running costs
No council rates or land tax. Eligible pensioners can receive Commonwealth Rent Assistance on site fees.
A community on the doorstep
Low-maintenance homes in a secure neighbourhood of like-minded residents, with shared facilities on site.
Manufactured home technology
Australia’s burgeoning Alternative Accommodation and Manufactured Home wave.
Lower development risk
Homes are built off-site by established third-party suppliers, reducing construction and delivery risk.
An over-55s village setting
Landscaped streets, shared facilities and homes designed to look and feel like a permanent neighbourhood.
High quality manufactured homes
Built to residential standards: safe, liveable and in high demand from downsizers.
The approach
Acquire, improve, develop.
Acquisition
Freehold, going-concern alternative accommodation businesses with established income from day one.
Operational improvement
Hands-on management that lifts occupancy, pricing and cost control, led by operators with deep land lease experience.
Redevelopment upside
Expansion and repositioning of under-used land, adding new homes and long-term value over time.
Invest alongside Australian family offices.
Family office partnership
Eucalypt Estates was founded through a partnership of Australian family offices. They invest alongside the founders in every syndicate, which shapes how assets are chosen, held and reported on.
Single-asset syndicates
Each investment is held in its own syndicate, operating under an Australian Financial Services Licence arrangement. Opportunities are available to wholesale clients only.
Syndicate No. 1
ClosedEucalypt Accommodation Syndicate No. 1
- Location
- Regional NSW
- Asset
- Mixed use alternative accommodation
- Target return
- Available on request
Further syndicates are in due diligence across the eastern seaboard and select regional hubs.
Register interest →The macro forces
Australians aged 65 and over
Up more than 50% again by 2042.
Land lease homes: current vs required supply
The projected shortfall could exceed 3,500 homes by 2030 on current penetration rates.
Eucalypt Estates acquires and develops alternative accommodation assets positioned to benefit from two of Australia’s strongest structural forces: an ageing population, and a housing supply that has not kept pace with it. Co-invest alongside Australian family offices.
For partnership and investment enquiries, contact Max Raine directly.
max@eucalyptestates.com.au · +61 439 963 538 · Sydney, Australia