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Have you hit a servicing wall yet? Personally I would find it hard to sit back after the acquisition phase after going so hard for 2 years to wait for the growth. Do you expect to be purchasing any more properties in the coming years? How long do you expect until you move into the next phase...

Great work, I was looking in Logan before deciding to buy in Bathurst (2012). At the time of buying in Bathurst plan was to buy in Logan the following year (2013). But ended up skipping and going into development. I like the path you have taken it's given you a great base, some room to value...

Great thread, thanks for sharing. Do the existing properties you have purchased have development potential?