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More Blue Collar than white, closer to industrial areas. The poor relation to Wynnum, Manly & Lota. Will not have as much capital growth potential but will benefit from flow on effect of rising prices in the other areas. Lower cost base to start with as well. I would buy there if I could find...

Hi Rixter & The First Bruce, Yes Rixter you're right. The property is now neutral. I'm going to refinance in a couple of months after flat #5 goes onto the higher rate. I also need to tidy the garden but apart from that she's good to go. The redevelopment of the Coles site is in planning...

Hi Rixter, Sorry have been very busy. Will give details of latest purchase now: Property was on market from about June of last year asking price was $ 680K. I made an offer before Christmas with vendor financing / second mortgage involved for $635K. Vendors didn't want to hear about it...

I have just bought again down here and know of several others who are putting in offers.

Termites are a real problem and it's not worth scimping on keeping them out of your place. I haven't got the system you talk about but have installed barrier treatements to the outside of my properties due to termites in and around the properties. By the time you find the little beggars they...

Remax have reported the same. The Principal told me that December 05 was thier best December ever.

Hi Scout, I know what you mean about the number of people who now frequent the foreshore and new eateries in Wynnum and Manly. This to me is an indication that the area is returning to its glory days when the townies used to come out on the train for the weekend. Wynnum used to have 3...

Hi Perky, Wakerly is seeing a huge increase in development. The same developer who has substantial holdings in the Wynnum Manly areas have been doing sub divisions in the area for the last couple of years. There are a huge number of vacant blocks for sale there at the moment. The area has...

Rixter, I don't know of any planning to move into Wynnum Central. There is a shopping plaza outside of Wynnum itself which is being upgraded at the moment. It already has Woolies & KMart there with another Coles. I'm not sure who else is planning to move into the new areas. With regard...

Rixter, Nothing has started yet. It's still very much in the planning stage. The developers who are all part of the consortium own most of the centre of Wynnum already. One of the major players who owns a substantial amount of real estate here also owns a large construction company. The...

Bayside Hi Rixter, The beauty of being in a Bayside Suburb is that most people don't consider it to be part of metropolitan Brisbane, hence the small country town feel and the greater sense of community. Many years ago inner suburb residents used to come to Wynnum for thier holidays. Some...

Beautiful Bayside Hi Rixter, I have lived and invested in the Wynnum Manly area for the last 15 years. I cannot speak too highly of it. As a place to live it offers a great sense of community with a country town feel 20 odd 20km's from the Brisbane CBD. Great access to Moreton Bay with...

I thought that when you cloned a trust there was no duty payable as there had not been a change in ownership. Is that not correct? Can anyone enlighten me?

Hi Handyandy, The owner is responsible. He should remove it. If he does not you are entitled to do it and charge them costs. You would be best to give them the opportunity to remove it in a certian time and if it's not done then tell them that you will get it done. Do this in writing. If...

Thanks Jacque, I'll give him a call. Is there anybody else that people could recommend. I have been offered 6.0% plus gst by 2 agencies and 6.5 + gst by another as there will be 5 properties to manage. Thanks in advance

Yes it is a yellow / cream building. undercover parking at the rear with a kind of lockup. Vendors were very slow to respond to anything. We actualy wanted a longer settlement but were quite happy with 40 days in the end. I think the vendors had some bridging finance in place and became a bit...

Property has approved safety switches in place and does have smoke alarms but the old type that are not hard wired. I am not worried about fire, I've already had one of those in a rental and came out better off as a result. The problem is that if it burns down totally I won't be able to build...

Thanks for your comments. Flats are registered with BCC. There is a cleared single block for sale in the street for $ 245,000 Property for sale across the street on single block for $350,000 Street is being gentrified. Property is in Wynnum Qld. 20km from CBD, 1 Km from Moreton Bay...

I have just had a contract accepted on the following :- Queenslander with besser block ground floor and tiled roof on double block 809 m2 on 2 titles. Building in good condition - building inspection today. Building consists of 3 x 2 bedroom & 2 x 1 bedroom flats. Close to transport 100 m...

Can anyone recommend a property manager in the Wynnum / Manly area of Brisbane?