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I'm not sure how common it is in Vic - it's pretty common in WA and all the builders usually have a page on their website which lists the displays for sale. A quick google showed me Metricon have 57 listed http://www.metricon.com.au/melbourne/home-and-land/displays-for-sale Metricon are...

Hmmmmmm In answer to your OTP question above - this is one of the few cases where OTP is less risky. It's not like an apartment building where it all hinges on xxx being sold, the market and the developer. Sure there is a chance the builder will go bust but less likely than an apartment...

Generally the rent they will offer will be above market rate. Pros: - tenant who will upkeep the garden - you can ask for a make good at end of lease if you like - ie tenant to repaint and repair before handing back to you (this is totally optional and just something you might like to ask)...