Thanks. Yes, we have been approached and have a neighbour happy to sell also. We just weren't planning to sell quite yet so we are undecided as to whether or not we should hold on to it for another few years or get out before we are the ones next door to the 8 storey units! Decisions, Decisions...
Is anyone familiar with the Upper Mt Gravatt pocket that is now zoned for 8 storey unit developments? It takes in Mascar, Tryon and Khandalla Sts. Houses are selling to developers at $625k for a 592m2 block. Would these blocks be a good investment now to sell in a few years when development...
Is anyone familiar with the Upper Mt Gravatt pocket that is now zoned for 8 storey unit developments? It takes in Mascar, Tryon and Khandalla Sts. Houses are selling to developers at $625k for a 592m2 block. Would these blocks be a good investment now to sell in a few years when development...
Hi, any advice on finance for 15 one bedroom units? I'm pretty sure they would be on a single title. I just read that this would need to be a commercial loan so I have a lot to learn!
Thanks everyone. I had no idea that a block in Westminster would go for $550k plus! I haven't seen a lot sold so didn't really know what it might be worth. I appreciate the advice :)
Hi, new to the forums and interested in your opinions.
I know of a block in Westminster coming onto the market soon. 728m? zoned R40. Very standard block for the area, suitable for a triplex development. It currently has an old 3 x 1 house and a large 1 x 1 granny flat. Total rental would be...