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  1. Dazz

    Toe in the water

    Yeah, that was very interesting about 12 months Ergo. Everyone was quivering with anticipation. Alas, real life ain't that interesting. All of the BHP sub-tenancies that they are in the process of vacating I am informed have mostly been soaked up by other demand and that "gap" has now...
  2. Dazz

    Toe in the water

    Indeed there is...and what a wonderful position that is to be in. I was given access to a confidential CBA analysis last week, showing that in Q4 2010 a vacancy rate in office space of 11.3% was predicted to grow to 13% in Q4 2011....but instead it is down to 3.4% and projected to dip below...
  3. Dazz

    Toe in the water

    Brilliant feature article in today's newspaper John. You and Kevin should be very proud of your achievements. The feature pictorial incorporating the actual streetscape with the proposed building superimposed looked outstanding. You are going to make a motza on the commercial rents...
  4. Dazz

    Toe in the water

    Ausprop was a bonafide guru on the other forum, his posts were legendary. That forum went the way of the dodo, and so he came over to SS, a virtual unknown. It's quite amazing, the different reactions one receives from other posters when they don't know anything of your background.
  5. Dazz

    Toe in the water

    Hiya, You should be able to get close to $ 400 nett / sqm of NLA once it's constructed for the office area. That'd get you $ 416 K p.a. nett rent and let your tenant pay all of the outgoings. If the Council allows you to pop on ressy stuff on top, obviously the rents will be cr*p in...
  6. Dazz

    Toe in the water

    Congratulations to both of you - a toe in the water indeed !!!! I know this block of land very well, and was there at the public auction when the Main Roads Dept sold it off on November 15 2006. I remember it being a stinking hot day, with the auction being conducted under the big tree at...
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