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since its 700sqm couldnt you simply build 2 townhouses , make it a dual occ and capitalise??? or do the locals not like something like this?

I was looking at a property in docklands in the past few weeks, its been advertised at 1.275 million, apparently a bank repossesion, a few weeks later, it dropped down to 1.1 mill, took a look at it, was very nice, found out that it got sold for $915k! so someone got themself a bargain and...

nathan, just a quick question with the properties that require a simple reno eg paint, carpet, taps, knobs etc. etc. do you buy the property, wait to settle and then line up the tradies to do it all pronto, or do you rent it out for a while, as I would say that it would be hard to do it...

skater, i completely agree with you! however, this is just my personal view but I almost see it like as buying in the US. if you cant see it, or havent been there, or cant regularlaly access it, this could potentially be a recipe for disaster, even at the buying process, you would have to...

Great post as always Nathan! Im pretty sure many of the Victorianites are sitting there thinking, "yeah right". maybe im just not as good as everyone else on this forum but I know of a few people who no matter how hard they try are struggling to find something even remotely close to...