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There are some older suburbs where the 99 year lease started in the 1930s. There were rumours at one stage that these would be extended. I don't know if that happened. The advantage of a 99 year lease is that the stamp duty can be claimed on tax in the purchase year for an investment...

Capital growth or income? P&I or interest only? Questions which have been asked many times in the forums. CG vs cashflow is a far bigger question IMHO. I like CG when I can afford to fund a shortfall. But that needs income. There is a better chance of getting both on a property with...

One thing which might help the yield for this property would be to furnish it cheaply (freedom furniture) and to let it out as a furnished property. There are a lot of people who come to Canberra to work and who look for this sort of property. But research would be needed. Don't forget that...

What Propertunity said. I don't know, but being in O'Connor it's probably an older property. I'd be checking that out. Having already been renovated takes away a chance for you to add value. You may well be able to get a cheaper run down unit and renovate for less money than buying a...