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I'll be watching too Rob...and thanks for your input. The option to convert to residential is ideal however the one I'm looking at has an 18 yr contract I know of a development in Sth Yarra that my clients bought into which has the option to switch to resi after 5 yrs First 12 storeys...

Hiya Just wondering whether anyone in the forum has purchased a serviced apt and what experiences they wish to divulge - good or bad? I am familiar with LVR restrictions with banks however do these investments provide growth potential and are easily sellable in the future. Your thoughts...