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  1. R

    Off the Plan in South Yarra

    yes agree but not to forget the buildings need to be completed (and started for that matter) there is no supply for re sale or rent until the keys are handed over - many of those listed cant see that far ?
  2. R

    Off the Plan in South Yarra

    Gudday Magnate. I am certainly no expert in South Yarra but we went to many 1brm auctions that exceeded listing prices very strongly. eg so much so that I cant understand how the listing ranges are any use at all. Following a lot of reserach we bought in ILK - its a great location and simply...
  3. R

    Off the Plan in South Yarra

    Zed, thanks - i think this development may kick off ok. as well as being sold out - its under construction by the Little group. I guess thats a good step from a Bill Board sign. will know when the bank man arrives i guess. but at this stage I would still pay $390k for 69sqm (no park)
  4. R

    Off the Plan in South Yarra

    will try the owners corp down the track. appreciate the advice.
  5. R

    Off the Plan in South Yarra

    Melb. great to know. thanks. i assume its some kind of real estate contract etc
  6. R

    Off the Plan in South Yarra

    would have very much liked a car park but a) the few units with a 25sqm courtyard did not have a car park allocated (courtyard was only for a certain level above retail complex) and some prices I saw qucikly moved upwards past $450k for1brm with less total floor space and car park, which kind of...
  7. R

    Off the Plan in South Yarra

    Thank u - (no car park though with mine) - yes agree with the "sold out" comments as well - but I noticed the web site now only shows Penthouses for sale (eg all apartments have been removed from marketing material). Body Corp is quite low from memory. Am not sure when completion date is - I...
  8. R

    Off the Plan in South Yarra

    Yep, ILK South Yarra
  9. R

    Off the Plan in South Yarra

    under $400k - as long as market rents wind up somewhere around or over $350 per week that would be fine. the rent gaurentee only goes for 6 months but I dont think renting will be a big issue (I may be worng). as far as I know the building is sold out now with only some high end Penthouses left...
  10. R

    Off the Plan in South Yarra

    Rent out - the one we signed for has a 25m courtyard - not huge but it brings the 1Brm up to approx 70sqm I think the rent garentee is 1500pm
  11. R

    Off the Plan in South Yarra

    Does anyone have any opinions or advice on the development of the Forest Hill area in South Yarra - eg ILK past Toorak Road ? I understand there are planning approvals for this area (eg with high rise construcion)
  12. R

    Off the Plan in South Yarra

    Thanks for these details, I will check more OTP feedback, I have bought under a SMSF which plans to hold for 5yr plus. Very interested in opion of the Foreest Hill area in South yarra and in particular the ILK building ? is this development looking positive ?. I am not sure how Society went -...
  13. R

    Off the Plan in South Yarra

    Has anyone had a look at the ILK development ? it is next door to Capital
  14. R

    Off the Plan in South Yarra

    OTP in South Yarra Hi, I have never purchased off the plan before - does anyone have any experinace or thought on the ILK apartment complex in South Yarra ?
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