Recent content by korringal

Yep. Should have distinguished between the two

Jenko, got one via a local agent which was hooked up with a developer and another from someone who had me seeing bluesky..... All up though, it could be worse. I have tenants, and the agent is telling me they could lease if they became vacant for around 450-500pw. I made the call to put...

Thanks for that powderfingers. Have you been able to find any web-sites etc that shed any light on activity or are you hearing that that from word of mouth?

spruikers ......

Hi all, Guess who has learned a few valuable lessons of late. Got caught up in the chinchilla hype, and bought a couple of 4x2x2 H&L packages in chinchilla in 2011. Started off ok, but bubble has burst in last 6 months. Vacancy rates soaring and prices plummeting. Have my two properties...

Thanks Paul, appreciate it. Have spoken to Scott and seems like he might be the man for the job. Cheers Matt

Hi People, QLD BUYER AGENT 1. Can anyone recommend a strong buyers agent for non-metro QLD? Ideally after someone that has a strong knowledge of areas such as Townsville, Rocky and Mackay. Needs to negotiate hard and add real value via good property / area selection and securing a good...

Thanks for the feedback Jack. I should clarify the rent guarantee comes via a management contract with a serviced apartment operator. Not the developer (not sure if they are related -need to check!). Appears to be good demand for that sort of product in Mackay. For now at least! Yep...

Has anyone had experience with buying a CBD apartment in Mackay for the corporate market? Considering a 1bedder OTP for my SMSF, circa 350k, 8% net rent guarantee for 3 years (leased to serviced apartment operator). Have to chip in extra for a furniture package, but for a gross yield of...

Most definitely yes, yes and yes.

Was bulky goods. Now retail. It's the vacant land on the other side of the road. Not done yet. State govt sill needs to approve.

Camden council just approved the rezoning of land adjacent to the narellan town centre tonight. Could see it double in size over time which will be good for the area. Lots of growth, but no shortage of land in that part of the world. If Camden retains its appeal, should be well placed to benefit

in time..................

Beauty. Thanks for your perspective dubstep. Hard to really get a feel for what's happening on the ground from syd. I have confidence that all the indications are that the big projects in the Galiee will happen on time.

Would you do this deal? Hhmmmm I've got an offer of a newly completed 3br x 2 x2 duplexes (both sides) in one of the new estates in emerald. Price to be struck at independent valuation, say 425k a side, less 20k discount per side as a cash back post settlemnet as I know the current owner...