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    Cost difference between Da & no DA

    My two pennies is if you plan to undertake the development immediately the land with DA has the added value of any holding cost interest for time taken in getting the DA plus something for the reduced risk now that it is in place. If the DA does not fully utilise the site or has something risky...
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    How are you responding?

    Interesting times, I'm caught up in the share market mess and have had to sell down to meet margin calls. I'll work my way out but if the inflation goes nuts maybe the loss will feel like nothing :); anyway time is a healer and I'm not near retirement so I can afford the set back now.
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    recession proof commercial property types

    I like the retail properties on a corner allotment with good exposure and access in an estabished with good population growth. They should have a few simple tenants like a fruit barn, baker, IGA, type tenancies selling necessities that people always need. The success of the tenant and...
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    Due dilligence on market rate?

    There's no good database for leasing that I'm aware of in Qld. This http://www.commercialrealestate.com.au/ has a leased section which you can ring agents to check details with. Or there's http://propertyweb.com.au/ but you have to pay for these. Another way is to get the tenancy schedule...
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    Land Tax

    You can't pass on land tax in Qld, depending on the lease all else can be passed on but state law won't let you pass that one on. It was bought in to raise revenue at the expense of land lords and not tenants, I expect that as commercial property is bought and sold on a yield it just meant...
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    commercial contracts

    There are a number of differences though the main one is to get a good idea about whether GST is applicable and whom is responsible for it. Maybe run through it with your solicitor.
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    Becoming a property developer?

    Your bank and valuer must be pretty happy with that!
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    Help with the contract for sale in QLD

    If your in a new subdivision all the titles might have the same owner details and encumbrances on it. You can download the title ($14ish) and survey plan ($30ish) from www.citec.com.au; get a copy of the survey plan and check this against the lot your after. You can also walk into the Dept of...
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    Chermside?

    I like the houses around this area, I'm sure you can still get a cheap unrenovated thing in the area on a small block for about the $350 mark but the market seems to be moving from what I hear so this might be $400k. Nearby areas like Wavell Heights and Kedron can get good city views and are...
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    Building Plan for multi-unit complex

    Try looking for new developments nearby on blocks of land with similar land size, shape and orientation, zoning, etc. Track down the developer and seek to get a copy of their plans. Then you will probably need to lodge an application with council which may require the use of a town planner...
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    What % deposits required for commercial ?

    In terms of serviability the banks don't seem to recognise returns from investment funds as easily as rental income from houses and they do that at a certain percentage. How do they treat rental income on commercial property, is it better than resi and are there any rules of thumb on this...
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    Investing in commercial/industrial property for dummies

    If I'm doubling up on the above sorry but my take is that commercial property is intrinsicly linked to rents and yields even if its vacant industrial land. I know in Brisbane that industrial land has more than doubled over the last five years and people who have landbanked the stuff have done...
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    Rental increases - Brisbane

    I think you have to jack up the rent whenever you get a chance though keeping in mind the quality of tenant you have; i.e. keeping the good one's. If there was an oversupply of stock the rental market would be looking for the best value for money and beating us with a stick so I believe its...
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    Lending funds to a family trust and tax implications?

    A similar quiery I have is if an individual were to borrow funds, lending 100% of that to the trust which would then invest it. If the trust wanted to maintain a buffer such as a years worth of interest and only invested 90% of this how would it affect the trust and the individual?
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    Disc Trusts - Is Asset Protection Weaker than we Thought?

    I understand that effective control is a test the court can apply which can undo a trust however I can't understand how they got to this conclusion particularly when the appointer was not the defendant however I'm sure there's more to this. If someone is aware can they please expand? Also if...
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    Reliability of house sale data.

    Rpdata in Qld get their info from the Dept of Natural Resources and Mines whom I'm pretty sure have a bunch of people in a typing pit data entering and wonding how long until knock off time without too much care about what their typing. I've seen wrong sale figures, wrong land area's, suburbs...
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    Commission on sale included in property mgt contract?

    That article seems to slam Raine & Horne the name pretty hard. Sounds more like some bad eggs than anything else, my agreement with R&H doesn't have that clause but thats in Qld. I can say I got a great price from a jenman agent a few years back and I can't recommend them enough to buy from.
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    Budget 2006: Property & Shares vs Super - which one is now better?

    I might be a bit pessimistic but for me at a bit over 30 years from getting my super I don't like the money being out of my control for that long. My concern would be if the rules were to change between now and then so I put in the minimal amount. The main thought is that with me in charge...
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    Reasons for valuation

    I think be honest with the valuer otherwise the report may be worded for your personal use only and not for mortgage security purposes. Also the bank will ussually need it to be extended to them specifically so that from a cost point of view you might get stung for anything after the original...
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    Weatherboard house in Brisbane

    Try looking up house removalists, there's a couple of them along the Bruce highway just north of Brisbane. Or maybe advertise in the courier mail, see if you can get some doe for it. Make sure you've got all the approvals from council though.
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