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Sorry MJ, :) well water facing, not as in water front, however the land out looking the water will not be built out on... BV I will contact early in week and discuss few other things I am working on mate.

Thanks guys, The other 12 were to other investors whom bought with me to secure this price. The units are 150 meters from lake on oneside 150 meters to ocean on other side...

Thanksfor feedback, I am trying to make it interesting and bring a sense of humour to it :) If I didnt do that video, everyone must think I have down and out properties, like the other videos.. :)

Yeh for $400-500 i will have to wait somewhile for stabilise... however there are comparables right now for $300k, hence the buying under market value of what it would sell for today...

Hehehe, funny story about why the walls. My G/F was laying on the floor 1/2 asleep while I was doing some "work" and i walked in the room and kicked her to get off floor and didnt want to show her in camera... LOL With tenant yes tenant was there @ $290pw, however others are getting...

Hi Vb, Well based on other market comparable sales. Closest things are 1 bedders in he block selling for $220-240k. Outside the block 2 beds are selling for $300+ Can only ever get a true value by selling it however I am always conservative when quoting the numbers. Nath

Nah nah, I just got my two. Just thought id have fun with the camera and do a walk through the unit...

Thanks mate, I think dont think RH intends to do so, I know he is a fan of house and land, however the numbers dont lie, thats why I tried to break them down on the unit. Its not a holiday style unit and has permenant residents.

Nope, RpData 54-66 Hutton road. The units were sold new for that price, I purchased these for $212,200. The units rent straight away without any dramas. There no hype as I have no interest in market and there is none for sale I simply put together a video of what is considerd an...

Im no good at these links am I? :) All fixed now.

Just a quick one here. Purchase price $212,100. Comparables at time of purchase $300,000 Current rent $320pw Yeild 7.8% Past sales between $400,000-$500,000. Highest sale in block $850,000. You be the judge! http://www.youtube.com/watch?v=ayrkWRVMBkw Nath.