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  1. Shahin_Afarin

    OTPs at Rhodes

    You cannot get any good stock in Marrickville for $500k. If I had $500k I would take it to Bankstown with a buy and hold strategy with the intention of either a) building a Granny or b) building a duplex (whichever gave me more bang for my money). You may need to go to around $550k in that area...
  2. Shahin_Afarin

    OTPs at Rhodes

    Depends completely on your strategy. Western Sydney is an option and I am starting to like the Bankstown area and I think it has already become another Western Sydney in terms of demand. If you strategy is development then go outside of Sydney or talk to one of the BA's on the forum such as...
  3. Shahin_Afarin

    OTPs at Rhodes

    Ahh yes as maxwell smart says "the old FHOG and stamp duty concession trick". Don't be fooled by that. In only works in certain transactions. This is not one of those. Close to transport? Most places in Sydney are close to transport the question is how long does it take to get to where you...
  4. Shahin_Afarin

    OTPs at Rhodes

    I'm not Nostradamus but you will not get decent CG from an OTP in Rhodes. The holding cost would also cause havoc on your bottom line. Why OTP and why Rhodes? Regards Shahin
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