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Yes nice pick up, there was a bit of back and forth on this with NT SRO on this point and ended up paying about 60% of the total one contract price. They wanted it all saying "related purchase" and after negotiating we settled on a figure of around 60%. I had forgotten about that so very sharp...

Thanks ozperp, its Friday morning i will take that as a "claytons" kudos! I have some friends and colleagues buying in USA atm. Just had one secure a block of (7* 2 Br's) for $95K rents for $30pa , not on the scale you found but easier to fund. I think private syndicates will become a lot...

ok i will throw in one of my "deals of a lifetime" Darwin late 2003 a mate and i went up to have a look around at property, loved what we saw, low prices, high rents, massive infrastructure upgrade and increasing population. On the Saturday we picked out a few 2br units around the $120-$135k...