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.

1.65m

Australians enter retirement age every five years

50%+

Projected growth in Australians aged 65 and over, 2020 to 2042

~1%

National rental vacancy rate

13x

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.

Morning fog over rural land

Acquisition

Freehold, going-concern alternative accommodation businesses with established income from day one.

Weatherboard home detail

Operational improvement

Hands-on management that lifts occupancy, pricing and cost control, led by operators with deep land lease experience.

Coastal community from above

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

Closed

Eucalypt 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.

0m2m4m6m1.0m19702.1m19954.2m20206.4–6.7m2042 (proj.)
Millions. 1970–2020 actual; 2042 projection range. Sources: AIHW; ABS Population Projections.

Land lease homes: current vs required supply

The projected shortfall could exceed 3,500 homes by 2030 on current penetration rates.

0k2k4k6k2,6001,90020262,6002,30020272,6002,70020282,6003,10020292,6003,5002030
Current supplyRequired additional supply

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