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    Property purchase

    I'm assuming you're in Vic. My mistake: they don't use the legal term de facto. The definition that they use for spouse/partner is: http://www.sro.vic.gov.au/sro/srowebsite.nsf/rebates_fhog_FAQ.htm#6 What do you mean by spouse/partner A person is a spouse of another if they are legally...
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    Property purchase

    Be aware that the FHOG rules take into account defacto couples. So if you live together, you can only get the FHOG once. Alex
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    Property purchase

    I don't understand either, but this is something you really want to find out before your contract goes unconditional. Alex
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    Property purchase

    I'm very interested in toni's comment that it cannot be owner-occupied. Do you really want a residential IP that cannot be used by owner occupiers? That seriously limits your resale market. Alex
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    Property purchase

    If this is true that might be a problem. The more alternative uses a property has, the better. If it can only be used as an investment property, then it becomes more like a commercial property. Alex
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    Property purchase

    My main issues with something like this: 1) lots more wear and tear as you have people coming in and out all the time, and people tend to treat hotels more roughly than they would their own place. More noise, people moving luggage around, etc. 2) body corp costs will be high because of all the...
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    Property purchase

    http://www.travelbank.com.au/?id=accommodationresults&_action=profile&acc_id=89
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    Property purchase

    Sure looks like a hotel. I see a restaurant on site, lots of ads under travel accomodation, conferences held there....... Alex
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    Property purchase

    Congratulations! Very interesting property. Isn't this an apartment hotel? But as to your question, how long is a piece of string? Alex
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