A new tribe is growing for property lovers of Independent Part Ownership

By Bricklet

June 17 2020
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Promoted by Bricklet

The concept of the rich getting richer isn’t new, but maybe it’s going out of date. Everyone is aware of how it is easier for those with more money to spend money and invest – it’s basic economics. And the rest of us? Well, those large multimillion-dollar projects are just out of reach.

A new tribe is growing for property lovers of Independent Part Ownership

Not in property. Not anymore.

BRICKLET, Australia’s exclusive property fragmentation platform is changing the property investment game. Imagine having your name on the land title of a $2.5 million property for under $25k. Sounds improbable, but that’s precisely what FUTUREALTY and MASSIVE IMPACT CO. are selling on the BRICKLET platform. The 12 self-contained bedroom, co-living space in Glenroy, VIC, is just one of many high-value projects available to anyone on the platform.

But how?

It’s called independent part ownership. Simply, the property value is derived and broken up into parts, “bricklets”. Unlike other fractional solutions, BRICKLET allows for direct ownership, so each investor and owner of bricklets has their name put straight on the property’s deed.

With growth and annual returns, it’s now possible for “the rest of us” to get in on the “getting richer”. Okay, okay, maybe not rich... But what a unique way to invest.

And the facts speak for themselves. So far 280 bricklets have been settled, representing just under $9 million worth of property, and over $30 million more being sold through major real estate agencies like Century 21 and McGrath.

FUTUREALTY tribe members are among the first to own property through the BRICKLET platform and are excited about their investment futures.

At just 19, Trysten is a property owner, all thanks to the independent partial ownership that BRICKLET enables.

“I think it’s super exciting, just the fact that I’ve started. I don’t necessarily have an end goal in mind, I don’t want to limit what seems like endless opportunity. With fragmented property as the steppingstones, there’s so much room to grow,” says Trysten.

Anthony, another tribe member and Bricklet owner, was like many of us – interested in property investment but saw it as unachievable on his single income. However, BRICKLET changed that, and now Anthony has a new outlook on property investment:

“So now I’m a property owner, which is huge. It feels different. Even though it’s not a whole property, the way I see it is, it’s not about that. It’s a journey over the next 5/10/20 years. With this new prop-tech investing style, I am able to invest in property by buying a couple of Bricklets every couple of years. And if you scale it out, in 10 years or so, it’s pretty much equivalent to a whole property.”

While the changes BRICKLET is bringing to the property market may not challenge the basis of economics, they are providing more people (*cough* everyone) with the opportunity to invest and own property in a way never before seen in the industry.

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