Recent content by roem

  1. R

    Karratha WA

    Ranges by Rapley's Hi all, Well I still have my investment property in Karratha. It's a Rapley's 4x2 new build earning $1600pw for the last year but due to increase to $1700pw. The mortgage amount is $600K. So it still covers the mortgage and even my own personal mortgage. The capital value...
  2. R

    Karratha Returns Resource Rocket

    Apologies all for the delay in responding to the various posts. To answer KPH's initial query with regards to timing. I signed off off the plan in Sept 06. It took until the end of December for the land to be settled. Building commenced at the start of the year and is complete and handover by...
  3. R

    Karratha Returns Resource Rocket

    Don't mistake Karratha for just a mining town. It is export centre for 10% of Australia's GDP, backed by both gas, downstream processing and iron ore shipments. Massive infrastructure here for the very long term. I just signed the lease documents today with a government agency @$1600pw, 2 yr...
  4. R

    Karratha Returns Resource Rocket

    If you're into positive gearing then you must check out the North WA towns Karratha and Port Hedland. I'm just about to let my second property in Karratha. A new build Rapley Wilkinson home 4/2 colorbond house with A/C for $1600pw rent on a 2 yr contract. House & land cost is $598,000. Do the...
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