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It was such a great piece of real estate. Total botch job.

Both. You can still get good rents - my 1 bedder that I paid $360k for is returning $420p/w - but this will be affected over time as well.

Avoid for all the reasons you stated. If you really wanted to live in the city, either rent...but then if you really, really wanted to buy something, you'd still be better off buying something right in the CBD instead of Docklands. And make sure it's in an older heritage style building. The only...