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    Risks in purchasing hotel apmnts on 10-year lease

    Reply: 3.1.1.1.1 From: Bruce Graham G'day Francoise, The reason I'm involved with a serviced apartment is because of the companies associated with the building and the location. Chatswood is on the north side of the city, plus being a city in it's own right. Stockland Property Trust is in...
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    Risks in purchasing hotel apmnts on 10-year lease

    Reply: 3.1 From: Bruce Graham G'day I have a serviced apartment in Chatswood,Sydney. Gross return is 6.5%, no other costs after the sinking fund($20.71 mth).They pay all other overheads. Multiplex built it,managed by Stockland Property Trust,trades under the Saville Suite Apartments. Never...
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