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  1. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Plans are in motion to transform Elizabeth into the business powerhouse of Adelaide's northern suburbs. Elizabeth‬ is about to undergo a four hundred million dollar transformation to make it Adelaide's second CBD. News Article Here (Video)
  2. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    No money in it at this price. Clients of mine had a look and crunched the numbers last year in October. Needs to be around $115,000 if your looking to flip it.
  3. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Not sure if this video has been posted on here before. Thought those investing in the north would be interested in part of the longer term plan from the City of Playford. CBD of the North Draft Concept Fly-through https://www.youtube.com/watch?v=XWfCbCZq7XE
  4. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I was also going to bring up buying in the mid $200,000's price bracket, if I was looking to spend that much, I would rather buy this in Ingle Farm only 16km's from the CBD and advertised at $265,000-$275,000, get it surveyed and hopefully cut and retain
  5. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    The development plan clearly shows the boundary + the 30 year plan shows what areas are defined as deferred urban.... Divine were buying up this land many years ago, even before the urban boundary was moved. They knew this was going to happen and hence are one of the most secure building...
  6. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Here's one for you guys - 11 Units on one Title in Elizabeth Downs Last sold in 2003 for $580,000, Interested to see if there was any interest at the Auction as it doesn't look like the internet listing has been updated as of now.
  7. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Is it within 10 metres from the dwelling? If so I would get a surveyor out to give an actual measurement from the tree to the dwelling, then re approach the council to have it cut down.
  8. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    These are the main concerns I would have. The agent will receive a copy of the EPA response when ordering the search documents, which should be available for you to request. The current owner may have already undertaken a contaminated site assessment and this information should be available...
  9. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I would be concerned about the EPA response, then the difficulties in converting a mechanic workshop to residential.
  10. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    The SA government has abolished stamp duty for off the plan purchases in the Adelaide CBD until July 2014, then a concession of up to $15,000 until 2016. I believe this would prevent any real growth in the types of properties in your example until at least 2016 as the buyers who are entitled to...
  11. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Depends on which markets/suburbs in Adelaide you are asking about, so many different markets? I sell real estate and currently are presented with multiple offer situations with the properties below $350,000 in the North East of Adelaide. I'm finding that vendor's are not having to discount as...
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