Buy an apartment and earn frequent flyers
Looking for more than 500,000 Qantas Airways frequent flyer points to redeem for a pair of business class tickets to London ?
Rather than earning them slowly by actually flying or buying groceries at Woolworths, you can now get them in one hit through the purchase of a *Melbourne apartment.
Qantas has signed its first property earnings deal with Larry Kestelman’s LK Property Group, which now has exclusive rights to offer frequent flyer points for real estate in Victoria.
The flats range in price from about $300,000 to $800,000 and are targeted at investors as well as home owners. Purchasers will receive Qantas points for the entire transaction size, minus taxes and stamp duty, rather than just the deposit.