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Hi Most certainly an end of an era, thanks to the Somers and Sim for all your contributions. Lets hope most of the good one's migrate over to propertychat. Regards, alicudi

Hi I have lived in the area since 1982. For some of that time (over 20 years worth) I have lived in Patterson Lakes which is very close to the treatment plant on Thompson Rd. The smells from the treatment plant were terrible in the 80's especially on hot nights or nights when the wind...

Hi I always feel like pizza! Regards, alicudi

Hi If you only have a 1% feeling that this business will take off, why not sell the idea to a fellow somersoft member for say $10? Just calculate your Return on Equity for the $10 you received and you will be happy and not having to expose yourself to any risk either....win-win for...

Hi Have you first checked that the current residential zone does not allow for medical businesses? I was looking at a property earlier this year that was a house for sale in a residential zone and actually allowed the premises to be used for medical suites as it was located right next...

Hi Maybe the growth reports are real?, and maybe the current vendor's asking prices are un-realistic and are nowhere near the current selling prices the area is achieving?:confused: Regards, alicudi

Hi I am 40 now but for many years I never cared about the prices of anything and purchased whatever I wanted and did whatever I want (waterfront home/several boats at a time/AMG's...etc etc). Never would I consider the need to check the prices of something at a car dealership let alone a menu...

Hi I am not familiar with the Sydney property market but I am sort of shocked that you are looking at under 50sqm with a $1m budget. With that sort of budget look for something larger with at least 2 bedrooms and most certainly stay away from any dedicated student type accommodation with $1m...

Hi For investment reasons I would say give it a pass. Having said that we purchased one in Box Hill, Victoria a couple of months ago for the following reasons which may be applicable in your circumstances: 1) We paid 50% ($110,000) of what it previously sold for back when it was new in 2007...

I watch video recordings and read some books and then write some stuff in Microsoft Word (uni student studying off campus) and by mid 2016 I will have a degree or so they tell me.:confused:

Hi How does removing stamp duty stop people from relocating?? Regards, alicudi

Hi Whilst a touchy subject I would like to see aged pensioners who have nothing else but their $1million home be forced to sell these houses and buy something at half the price or even cheaper and live off the remainder during retirement. If an aged pensioner is self-sustainable financially...

Hi all I will try to reply to all the people asking questions on what I am doing. I am not directly managing any of the 50 companies that I choose to invest in, I simply do some investigation into which type of companies I want to put some money into and then look at some of the specific...

Hi I have been buying a little bit of shares starting a couple of months ago. I am still on an extremely steep learning curve so no good news from my end yet and probably won't be for many years! I will continue to buy in very small lots of around $10,000 per month. I have no...

Hi Would you consider purchasing 2 properties and having 50% loans on each? Good on you for looking at the risks of each scenario. Regards, alicudi

Hi all Just thought I would like to "CONGRATULATE" the whole somersoft community for making it a welcoming forum to discuss property investments. I have been a member for just over a year now and have made just over 200 posts so I don't consider myself a troll maker as such. A couple of days...

Hi I think what Neeko says about the property in McMahons road would sell for around $480k is right on the money. In regards to the Nepean Highway property with fantastic views I would estimate somewhere around $1.1m. I do know someone looking at this very site and are considering...

Hi To simtr: Your comment would be the best outcome for Frankston and I would like to see it happen sooner rather than later. Considering each of the 110 or so rear units are separately titled it would need some type of compulsory acquisition to be implemented to have all owners to agree to...

Hi Only the front building of the Ambassador complex is going to be demolished and new townhouses put on the front part of the site only. Currently this front building has no residents as it is dilapidated and un-inhabitable. The rear 110 or so individual units which is where the problems...

Hi I highly doubt that. Most if not all of the atrocious Italian restaurateurs and caterers would have suspiciously gone missing immediately after the event never to be found again.:eek: Regards, alicudi