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the advertiser got to love the advertiser .. never a bad real estate story .. can't bite the hand that feeds - great piece of 'free' marketing for BrockWilliams just because the reserve is $10k doesn't mean that it'll sell for $10k - there was no interest at $65k (& i assume that they'd have...

cheapo studio $3000 income / $2700 outgoings .. the ad gives the income after 'management fees' - ie the costs of running the appartments - you're still liable for all the other costs listed below .. rates etc which come to $2700 per year - these aren't management fees

bargain? my wife used to work for that chain - she said it was a bit grim at the Directors Suites - mind you it does have all night karioke next door from what i remember (if you're into that) but at a return of $300 per year i'd say $10k was expensive!

adelaide not been on this site for a while .. tell you the truth this buy & hold strategy is a bit boring when there's no capital growth - i'm holding property in various parts of adelaide & surrounds & not seen any capital growth for years (literally) - there will never be any growth here as...