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Does the 'emotional' clause hold up, if it's the vendor that's emotional? LOL :rolleyes:

Sorry Mel, but Y-Man is right....I would be very doubtful it will sell under 500k. Possibly another "quote 'em low and see them go!" campaign. I would still go to the auction if are keen, you never know what will happen on the day! You might just get lucky. I went to an auction in Essendon...

Mel, I agree with Deewha. We've just purchased an IP in Pascoe Vale South, and leased it at 30% more than expected within 48 hours. Very short supply and I belive the CG will be very, very strong (more than an appartment in ST Kilda, IMO). As others have said, you can't go wrong wither...