Investor information
Own a villa at Om
A private hot spring villa in the Victorian High Country, run for you by Worldpass. Watch the investor film, then read the figures below.
The numbers
Key figures
- Villa price
- $950,000 plus GST, with a 99-year lease over its site and a private mineral rockpool.
- The rate
- Comparable villas with hot springs rent for around $1,400 a night in Victoria. Om charges $850 a night before GST.
- The place
- 142 villas on 23.68 hectares above Lake Eildon, beside the Cathedral of Sound and the mineral spring.
- Operator
- Worldpass manages bookings, guests and upkeep for a 20% share of room revenue.
- Forecast net yield
- 16.7% a year on the purchase price, about $158,600 after the operator share and owner costs, at a forecast 80% occupancy. The villas already trading on this site run at 86%. Break-even occupancy is about 14%.
- Ownership
- Hold in your own name, a company or a self-managed super fund. Unlevered figures shown; finance is optional.
Capital appreciation
What the villa is worth as the market settles
If the market values Om villas on a lower yield than 16.7%, the same income supports a higher price.
- 16.7% yield
- $950,000
- 10% yield
- $1,586,000
- 9% yield
- $1,762,000
- 8% yield
- $1,982,000
Artist's impressions and forecasts only. Figures are estimates based on forecast occupancy and rates, are not guaranteed, and may change. This page is general information, not financial, tax or legal advice, and is not an offer of a financial product. Speak to your own licensed adviser before investing, particularly through a self-managed super fund.