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  1. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Council rate for duplex Hi all, I'm wondering if anyone here own a duplex in one title in Elizabeth? If so, how much are you paying for council rate? I have a duplex in separate titles and paying ~$1050 each (~$750 fixed and the rest depends on valuation of property). At the end of the day...
  2. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Very true, Jim. Instead of a new city, a Zoo (I suspect it was the largest in SA) was build there in 1983. Just visited there a couple of weeks ago. :P http://en.wikipedia.org/wiki/Monarto_Zoo
  3. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    http://www.realestate.com.au/property-duplex+semi+detached-sa-elizabeth+east-113794891 Did anyone go to the auction on Sat and what was the outcome?
  4. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Agree, it does look attractive to different kind of buyers. For developers, it appears able to subdivide a new block easily and retaining the existing house. For someone looking a family home, it's no doubt a nice one in that area. The price looks reasonable for home buyer as it's located right...
  5. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I can see the only benefit for tenant with the solar panels installed is saving their money on electricity bill, then I don't see how they're willing to pay for the extra rent to get it installed...
  6. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Seems like the vendor bought it for ~200K back in 2007 and collecting $260 rent pw atm. No price mentioned in the ad atm, assume vendor after more than what they paid for, it doesn't seem very attractive...although the block is reasonably big, the narrow frontage and significant tree at the...
  7. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Just curious, how did you find out the rent is $230? It wasn't mentioned in the ads.
  8. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Thanks for the feedbacks, I'm living far from there and was guessing the rent by looking at the cheapest 2-bed unit in EV asking for $175pw (seems old and w/o air-con).:p
  9. Daniel121

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Just came across a property at Elizabeth Vale with pretty good potential IMO, wondering what you guys (particularly those live nearby) think about it. A corner block 684sqm, sold brick house with 1 bed self contained granny flat, both of them seem to be in good condition. I'm thinking it seems...
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