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Why not? It all depends on the area. One I purchased a while ago now was $25k, getting $140pw rent.:D

That's a large area.:eek: Kempsey, perhaps?

LOL! You didn't read the link to my one, did you? Despite there being less plaster on the walls than the one that Nathan just bought, there was a bloody huge nest of termites. We got rid of them though.:D

LOL! Reminds me of our biggest reno. http://www.somersoft.com/forums/showthread.php?t=20019&highlight=latest+project Looks like your one doesn't have quite as much work, but still a substantial amount. From memory, we spent around $17k and did all the work ourselves, however we had to put in...