ACP offers property product
Australian Capital Financial Planning's sister company Australian Capital Property announced this week it had launched a range of independently-graded investment properties to financial advisers and their clients.
Commenting on the move, Australian Capital managing director, Barry Parker said the properties, which consisted of apartments, townhouses, villas and house and land packages, had been independently graded and valued by Propell National Valuers and were being provided through the resource of CPx (Central Property Exchange).
"Our investment properties have been graded to a similar standard of the research required for our Approved Product List," he said.
"We decided to offer these investment properties because we were becoming increasingly worried about the integrity of investment properties that pay huge commissions to salespeople," Parker said. "Our properties are not selected on the size of the commission, but rather on the quality of the asset."
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