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have to drop into chemist warehouse tomorrow so will drive past that one on prospect rd i'm going to drive past tomorrow to have a peek :)

Hey Steve, Wow thanks so much for taking the time to post those examples. I'm still working through the numbers at Broadview to see what i come up with and try to understand how it could be a profitable venture. I'll work through the others as well. Good to know the background of each of...

I've started looking into the numbers of that example that Steve provided as its a good starting point given i now know a little about what the guy who bought it did. Actually we don't pay any CGT so not as bad as one would think...true our strategy may not be everyone's cup of tea but it has...

i guess i'm assuming it would be similar to what we do with resi development in that the rent is generally not enough to cover the expenses if we were to hold onto them so sell up, take the profit and move onto the next project...possibly not what actually happens with commercial at all...

Steve, That sounds like a very reasonable price for a 1300m2 block in Broadview!....i'll have a closer look at it...it can be a dummy deal just so i can work through some figures. Are commercial shops/sites as easy to valuate as residential? I've found that the sites vary soooo much that...

Ok so we're as new as one can be in Commercial...haven't even bought commercial ever before so looking for some guidance from all those who have had successful ventures in Commercial. We've been doing resi developments for a few years now and its come to the point where its very hard to make...