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  1. G

    Options

    I'm currently looking to buy a couple of adjoining properties in my area to develop. I've heard of the use of options & presume they are a contract to tie up the property for a time without actually purchasing - is this correct? Could someone explain some detail? Where would I source a good...
  2. G

    Strata

    Hi all, I'm buying a block of 6 x 2brm townhouses built in 1985, brick & tile. I'm tossing around the idea of setting them up as strata title. Anybody know the steps I'd need to take? or any good reading on the subject? The units are in a country town, so I'm not expecting great capital...
  3. G

    Finance on units

    A bit of a new area for me, I am looking at buying a block of 6 units. CBA tells me that they must be financed with a commercial loan ... 70%LVR & 6.5% if I have sufficient equity in existing properties or 8.95% !!! if I use the 6 units as equity. Any idea s on the logic behind this? I'd...
  4. G

    Gst

    Hi all, I've found a block of 6 x 2br units & am looking to buy for $415k. Would GST be payable on these ... by me ? .... by vendor? Thanks. Guy
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