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VF/wraps/instalment contracts are generally unenforcable in SA contractually

Hopefully you got at least one side of both of them, just a matter of waiting for the other half to come on the market in the future.

Renovated you might get $420pw for the 3 bedders combined and $360pw for the 2 bedders combined.

Sure, if the new battleaxe blocks were worth more than 50-60k each. They are very undesirable. By the time you take the total cost, divide it up by number of lots, less the circa $25k per lot land division cost, and the cost for road and services, theres no money in it.

Unless you are going to do a battleaxe infill or even a knock down and battleaxe, having two lots back to back isnt really worth paying a premium for. Battleaxe blocks are knocked down in price and by the time you build access road, drainage and services, profit is gone. Easier and more...

Yep.... Waldo

Everyone knows that backyards in lizbef are for staffy, VN commodore and tyre storage only

Joeyv if you are convinced that after the risks and costs of subdividing there is money to be made, then go ahead. But if a bunch of people who know their stuff all say dont do it, I would be listening to them over a potential 20k profit that will in most likelihood turn into negative equity.

And its under contract already This pair was linked a page or 3 ago

How are you negotiating on it today when its already sold and delisted?

Semi tenants are generally the lowest of low, but you can still pick up good ones if you wait a bit and reject the ferals

People that work at Holden generally dont live in the area - they earn good money and live in nice suburbs.

Im sure he threw you a few trails on the loan.

Was down for long weekend, back in Sydney now Place is prepped ready for trades to give it a tart up, then reval. Can anyone recommend a good broker? Corey picked me up from airport, drove me around, loaned me tools and a vehicle, and took me out for dinner, and let me stay at one of his...

I am assuming thats a no then

Currently in elizabeth doing a reno If you want to catch up for a coffee tomorrow and discuss what you are thinking with someone face to face let me know

Battleaxe on yorktown... not 235k. Land might be worth 60k

Affordable homes prop, not really a good comparable

DT invests heavily in Centrelink futures

Lower rents in slum areas = higher mgmt % to make it feasible