With the arrival of Ko and its co-ownership model for luxury holiday homes, you can now own a one-eighth share for around $500,000, and make your dream happen sooner.
When it comes to owning a luxury holiday home outright, the property price and ongoing costs can easily dampen spirits and the dream of owning one can start to feel distant. With the arrival of Ko and its co-ownership model for luxury holiday homes, you can now own a one-eighth share for around $500,000, and make your dream happen sooner.
With Ko's co-ownership model, all ongoing upkeep and maintenance costs are shared between the owners, giving the benefit of a fully managed holiday home but with the costs split amongst the owners. Potential buyers can purchase up to four shares, with each share equalling up to 42 days a year, that can be booked dynamically throughout the year. Owners have equity in and true ownership of their property. They have an equal say in the property’s future and owners can list their share for resale at any time at their preferred price.
“We’ve just added several new properties to the Ko portfolio that are priced at around $500,000 a share. This makes the dream of owning a luxury holiday home achievable for more Australians that want to enjoy the luxury lifestyle now rather than years later,” says Ryan Fritsch, CEO and Co-founder of Ko.
Ko already has numerous homes available around Australia and the Asia-Pacific region. While the price of a one-eighth share in Australia can range from $400,000 to upwards of $1.6 million, they’ve recently added several listings around the $500,000 mark located in New South Wales and South Queensland.
24 North Point Crescent, Sunshine Coast QLD
Just south of Caloundra, this 4-bedroom waterfront home at Pelican Waters is an urban resort in the heart of the Sunshine Coast.
A central 7x4m swimming pool is surrounded on three sides by the bedrooms and three bathrooms, and is designed to bring the outdoors in and blend seamlessly with the indoor areas. With ample natural light, this sleek and innovative design brings a feeling of warmth and elegance to the heart of the home. There’s also a 12m pontoon with side access for a boat, car, caravan or jet ski, to make use of the area’s stunning waterways.
This Sunshine Coast home was the winner of the Master Builders regional, state and national awards for Home of the Year in 2020. With an overall value of $4 million, each share in this luxury property costs just $500,000.
2/20 Petrel Avenue, Mermaid Beach QLD
This brand-new 4-bedroom property at Mermaid Beach on the Gold Coast is a dream come true for lovers of beachside living and entertaining. You’ll be spoilt for choice between the alfresco terrace with an inground plunge pool, a rooftop entertaining terrace with 360° views of the sea and surrounds, and an entire level inside dedicated to socialising.
Spread across five levels, this prestigious villa comes with state-of-the-art technology including smart room controls, air-conditioning, security and irrigation, a lift and a garage with an electric charging station and three car spaces. With an overall value of $3.2 million, each share in this luxury home costs just $400,000.
More information about these and other properties are available at ko.homes.
For more details, please download the Information Memorandum here or contact us.
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