Property ID: 556 Cliftleigh Meadows Estate

Magazine - Oct 2020

Since the day Karan Sharma turned 18, he read an abundance of real estate investment books as he had a great aspiration to be a millionaire. After reading a steady stream of success stories, he decided to wander down the path of property to achieve his dream. In 2008, Karan purchased his first property in Australia and has been actively buying and selling since. “Real estate is, in my opinion, a safe investment as everyone works to earn food and shelter,” he says. for me to achieve both cash flow and capital family, and with a father who his father had missed grets in mind, Karan majoring in accounting and finance, from the University of Western Sydney.

“To learn more about the real estate market, I studied for the

full real estate licence,” he says. “My childhood was really basic, and this always motivated me to be rich so my kids can enjoy a lavish lifestyle when they grow up. While I don’t have any children yet, I am confident in my strategy of setting up a successful portfolio before settling

“Therefore, investing in property was an ideal way Looking abroad down and getting married.” growth.” Living in Australia, Karan decided to kick-start his portfolio in a market close to home, but once he Karan’s current port- began to accumulate decent equity in folio is roughly worth $4m ($4.8m inclu- Networking India he decided to invest in Australia and India both and take advantage ding overseas) and, if he was to go and has definitely of the rapid growth both the markets were experiencing. sell tomorrow, his bank loans would be been a positive “I believe in the numbers game – the $2.7m. However, at present, the net cash influence on more you buy, the more growth you can make per investment,” he says. flow a year is positive at $6,000 ($11,000 in- my decisions “These opportunities came up via a cluding overseas). network of Indian investors I knew Raised in a mi- crack. Networking has definitely been ddle class a positive influence on my decisions.” worked as a banker, Karan With experience in both markets, Karan has deemed Australia was always told about the as the much safer country to invest in due to the highly regureal estate opportunities lated legal system. out on. “Builders, developers and real estate agents are monitored With his father’s re- says. here in Sydney so I decided to give it a constantly, so I definitely feel safer buying in Australia,” he went on to do well “But that doesn’t stop me from investing small and short-term in school and ob- in overseas markets. The builders in India often take longer tained a bache- than promised to finish a project, but in my case it worked as lor’s degree a blessing in disguise, as it gave me more time to pay off the in business, property without borrowing from the banks.”

From $582,500

Bargain Hunt: We are delighted to offer the first stage of a unique development in the Cliftleigh Meadows Estate. The ability to buy in a wholesale price environment is so rare these days especially in well documented growth areas around Maitland. This estate not only boasts an idyllic location but is one of the few we have seen in years where the developer is investing in family oriented infrastructure, including community sport and leisure facilities. www.cliftleighmeadows.eom.au/about The other big plus in this estate is the price point. Thomas Paul is offering generous house and land packages from as little as $454,000, an incredible price without comparison in this area. Full turnkey solutions, no hidden small print. Rents are strong, capital growth is assured and the price is a bargain. Buy now to take advantage of one of the best value packages available. Nestled in the fringes of the internationally renowned Hunter Valley, just 10 minutes from the main town of Maitland, Cliftleigh Meadows offers a contemporary parkland living environment in a traditional rural setting. Surrounded by natural wonders and wide open spaces, this contemporary master planned community will facilitate a modern family lifestyle with convenience. Some of the region’s most admired attractions are just a short drive away including the lush Barrington Tops National Park, the stunning vineyards, the unique dining options of the Hunter Valley and the pristine white beaches of Newcastle and Nelson Bay. The estate provides easy and direct access to the Newcastle CBD in just over half an hour and a simple commute to Sydney by train.