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    Investment Property in Adelaide CBD - 6% Rental Return

    Thanks Perthguy and Cjay. All the replies have given me a different perspective which I hadn't thought about. That's why SS is such a great place. Time for me to look at more properties!
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    Investment Property in Adelaide CBD - 6% Rental Return

    Thanks Edison. Yup, Adelaide is pretty easy to get around. Reason why I'm leaning towards a property in the CBD is with all the ongoing new developments to rejuvenate the city ( e.g the new RAH, Adelaide Oval redevelopment, the new Women & Children Hospital, UniSA expansion, Riverfront Precinct...
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    Investment Property in Adelaide CBD - 6% Rental Return

    Wow! Guess I've been looking at the wrong places! Could I know what are some of the major plus points the Torrens title town houses have over the apartments in the CBD? Thanks.
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    Investment Property in Adelaide CBD - 6% Rental Return

    Hi. We are also looking at older apartments as well as Torrens titled houses. Unfortunately there aren't many houses for under $500K in the CBD. For a 5 - 10 years investment time frame, is a Torrens title townhouse in the CBD a better investment than an apartment?
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    Investment Property in Adelaide CBD - 6% Rental Return

    Main reason is the $0 stamp duty. Comparable apartments in the city, which are much older and slightly smaller are selling for about $100K less. They are mostly 1st or 2nd floor units. I know low floor doesn't count for nuts when you are looking at rental and tenants are not going to pay a...
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    Investment Property in Adelaide CBD - 6% Rental Return

    Thanks Graeme. We are also weighing our options with regards to purchasing a completed apartment in the CDB and paying the stamp duty vs buying OTP. One of the reasons for thinking about getting an OTP is we only have funds to pay the 10% deposit now. We expect to have the other 10% by early...
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    Investment Property in Adelaide CBD - 6% Rental Return

    Yes, there are quite a number of OTP apartments for sale in Adelaide now. Most of them are expected to be completed end 2014/ early 2015. But most of them are priced over $450K. Most of the cheaper units have already been snapped up last year before the $8500 housing grant ended. We currently...
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    Investment Property in Adelaide CBD - 6% Rental Return

    Hi Jim. Thanks. What would your recommendation be for achieving a higher than 6% return in Adelaide CBD? We are currently living in the suburbs now and have fully paid our property. Reason we are looking to get an apartment in the city is we might be looking to sell our house and move into...
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    Investment Property in Adelaide CBD - 6% Rental Return

    Hi. Thank for that. Appreciate if you could share why OTP and rental guarantee is a recipe for disaster?
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    Investment Property in Adelaide CBD - 6% Rental Return

    Hi everybody. Its my first post here! Like many of the members here, I've been a long time lurker in the forums. Reading and learning a lot from all useful information here. :) My wife and I are looking to buy an investment property in Adelaide CBD and looking for some advise here. We saw a 2...
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