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sent this out as an update to our agents - further info as to where we are at and an updated pricing list. There was a fair bit of comment originally that the prices seemed to be high...would like some comment on the below - I can sell the next four with 15% off as a bit of a pre-Chrissy...

The hot news off the press is that we are hoping to start pushing dirt around within the next week - so once that happens I will create the thread and post updates and piccies in there. no queries from somersoft folks - but then again that isn't why we posted here - it was as much for me to...

hey Lynchy!! sorry, have been out of action for a while... things are all good - very good indeed. We have the sales we needed to get moving, with contracts being sorted and are just waiting for Council to sign off on a couple of things before we can push some dirt around. Best guess is within...

Cheers Scott... that's one idea I hadn't put a lot of thought into yet. Comms is not necessarily a problem - will suss that one out a bit more... thanks heaps!! :)

Thanks to those folks who contacted me privately with some ideas and suggestions... for your info the property is now live on RE.com with some more impressions and piccies... http://www.realestate.com.au/105909945 The best competitor to this development has just started advertising. The...

OK - Had a meeting with the developers last night and brought the concerns about the ten percent to a head. In short - that 10% sales cost is now 5%... That is to allow for the full REIQ commissions (2.5%), ALL legals (owners as well) and any marketing and administration costs (new lease...

Absolutely agree with your overall point Geoff - and with Marg as well!! have had a long conversation with one of the owners tonight to hash this out a bit and pass on concerns raised here. The concept of the 10% came from other large managed developments including high rise apartments...

thanks Craig - appreciate your sentiments!:) BV - they are certainly not for everyone...with that we whole heartedly agree!! However for those in this sort of market - they are exceptional! With regard to price, they are actually very well priced if you look at what is around to compete with -...

no disrespect taken :) I posted here to get all opinions and to help me fine tune any issues - all comments are welcome! the way the 99yr lease has been written, it is almost identical to a freehold property...no loss of rights and full control over the town house as you would on any other...

and fair that is...that's for the clarification - you make an exceptional point and will definitely take up your message with the developer. Having re-read the part you refer to, I agree the section can be reworded to better reflect the intent of what they are trying to achieve. Weasel words -...

Hey aaarghhh... we new about Comisky, not sure about the smaller one...Comisky backs onto the course from the other side. I don't think either of those will affect us at all - in fact we may be helping them longer term by setting sales benchmarks etc. We are ready to go now, Comisky would be...

Yep - fair call... I will suss that one out a bit and get some more info! I take your point well and I guess in the absence of further information I can only refer back to my earlier remark about it being common in large managed developments - but be assured I will check it out further and...

Hi Marg, yeah I remember picnics in the area when up on holidays many years ago - beautiful part of town!! I admittedly baulked at the 10% initially as well - but upon explanation it makes some sense. The ten percent sales levy includes all the costs of disposal of the premises and covers the...

no probs Winston! you know I'm always happy to try and answer your questions!! hehe :p Thanks for the info Peter...what do you mean by the type of lease? what do I need to be aware of there?? the lease in place automatically renews at the end of 99yrs or upon transfer of ownership of the lease...

Heya WW!! will answer these in order... According to the brokers i have spoken to (and one of the owners who is high up in one of the majors) - the loan should be no different from a normal purchase. to go from an owner occupier to investment is no problem - same as any other property. A...

Thanks GR - love your directness and honesty as usual!! The owners are wanting a fair proportion of owner occupiers - and yes i think that will be a good chunk of the market for these, however golf course developments have traditionally worked reasonably well in Qld - think Hope Island Resort...

Hi all, Sailesh Channan and I have been successful in attracting the construction and marketing rights to a new development in Joyner in Brisbane's North. We would like to offer the product here for both the scrutiny of our fellow SS'ers and for any interest there may be from investors...