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Thanks a lot Redwood for your reply. I feel better already. My friends do not have any investment experience, outside of compulsory super. I mean none at all. :eek: So it is fantastic to hear that at least the developer is not dodgy. They just fall in love with the nice new design, marble...

They are planning to rent the unit out for a couple of years but eventually move in it. They are not investors and certainly do not have afford the 'adventure' turn sour. Also my friend are always interested everything new and shiny :o I checked the developer's website and other projects...

Friends signed the contract to purchase 2 bedroom 2 bathroom OTP apartment in Ivanhoe in Victoria. The developer is Kokoda and the development is called Evergreen. Anyone here has any experience or knowledge about the developer or the particular development? Unfortunately they signed the...