Hi
I think what Neeko says about the property in McMahons road would sell for around $480k is right on the money.
In regards to the Nepean Highway property with fantastic views I would estimate somewhere around $1.1m. I do know someone looking at this very site and are considering...
Hi
To simtr: Your comment would be the best outcome for Frankston and I would like to see it happen sooner rather than later.
Considering each of the 110 or so rear units are separately titled it would need some type of compulsory acquisition to be implemented to have all owners to agree to...
Hi
Only the front building of the Ambassador complex is going to be demolished and new townhouses put on the front part of the site only. Currently this front building has no residents as it is dilapidated and un-inhabitable.
The rear 110 or so individual units which is where the problems...
Hi
Materials and labour prices do fluctuate in a heightened economy versus a low economy or a recession, sure they all go up over the long term but in the short term periods it is possible to take advantage of the surplus of labour and materials when it is available. I know of one example...
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Thanks Melburnian for your reply it is appreciated and I actually do agree with what you are saying with the example you have presented.
Any investor needs to take into consideration the location of where they are buying and to make the biggest gain with the highest return you need to...
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I agree with Lord Shanghai's thought.
My father has previously developed over 500 townhouses/units and over 100 maybe 200 homes and complete shopping centres. He has always taken advantage of doing the developments when contractors are looking for work and never done a development when...
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I have no idea how politics and voting works.
Will this $50million be spent in Frankston even if the state premier is liberal and the local candidate is labour or vice versa or do both state and local need to be the same for this to work?
Regards,
alicudi
In 10 years time Frankston will be more valuable than *insert suburb here*.
In 10 years time Frankston may not be more valuable to me than another suburb. Frankston is valuable to me "RIGHT NOW" as it is where I have many opportunities to make money by purchasing good sized land that is...
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Ok I am very impressed with streets in Frankston South such as Yamala Drive, Gulls Way and Alicudi Ave and believe the demographics in these areas to be very different to the general Frankston and Berwick demographic. I state this based on the number of Ferrari's and Lamborghini's in a...
Hi
Yes a train station at Burdett's on McClelland Drive in Langwarrin would be very advantageous for the area.
However it would make a lot of Frankston cabbies upset!
Regards,
alicudi
Hi
It is funny you mention that. I purchased two of my previous bargains in Frankston from his father who used to be an estate agent.
I thought it was my great negotiation skills!...maybe not?
Regards,
alicudi
Hi
Any smart investor will realise the differencel between Ebdale Street in Frankston and Spray Street in Frankston.
Both are at two different extremes in terms of what can be done with the site in future.
Regards,
alicudi
Hi
It is no secret I am the 2nd in charge on the somersoft forums for promoting Frankston with grand dad proudly holding 1st position.
However in this instance I have to disagree with grand dad in regards to the property for sale in Kars Street Frankston South. I believe it is a good...
Hi
Maybe download the Plan Melbourne document and have a look over it:
http://www.planmelbourne.vic.gov.au/Plan-Melbourne
Compare this to the previous Melbourne "2030" plan and confirm it once again with any zoning/overlays from:
http://www.dpcd.vic.gov.au/planning
Regards,
alicudi
Hi
Thanks for that information. From my understanding there are a couple, let's say a few different companies and developers that are interested in getting involved with the marina in Frankston but haven't due to some unfavourable terms from the local council so are sitting back for now and...
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I have to say it, but you are never late for a party in Frankston North. No matter what time of the day or night there is always a party on in that area!:rolleyes:
From an investment approach, you are not late for the party!:)
Regards,
alicudi
Hi
No news at the moment for the proposed marina. I can't wait for it to happen though. My guess it is looking years several years away before a developer is found to start building it.
Regards,
alicudi