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I did check the area and saw the various projects going around. With the various companies moving their HQ to this suburb and that the other projects were simply high-rises with no frills, this seemed to be a good buy. I also complied a list of questions from this thread and others and was happy...

Hello, Looks like an update I made earlier did not post. I did decide eventually to go ahead with the OTP in Newstead. The building is going ahead of schedule which is good. Some large companies have also begun to move their HQ to Newstead which hopefully means good rental candidates...

Thanks, there have been a lot of good points raised. I am trying to make sure I am not selling this to myself, while at the same time trying not to once again miss out on a potentially good deal. Basically, if the median price of apartments there is already over 700K, am I too hopeful in this...

OK, feel like a tool here as I got the suburb wrong. Same details but the suburb is Newstead, not Fortitude valley. I have checked and there is a rental guarantee and half the apartments will be PPOE. From what I can make out, the median price for units in Newstead is already over $800K. So...

They approached me directly (met them in an investment expo from some months back), so I met them in office rather than in a seminar environment. Yes, I was thinking of this as well when I first heard about this - they ore-empted me though by letting me know that only a certain percentage was...

That would be IronFish Thanks, that's a good question. I'll ask when I see them next.

Any particular reason? The company, Ironfish doesn't seem to have a bad rep from what I could search. I guess my main concern would be paying too much and/or not getting a good return/equity growth as expected.

Hello All, I am close to signing up for an off the plan apartment in one of the multi-storey building being constructed in Fortitude Valley with my SO. This would be my first IP for an approximately $530K property to be setled in 2016 with a 10% deposit now. This is being done with a...