18.2% gross yield

Dear guys,

Interesting the deals that come up.

http://www.century21.com.au/templates/brochure.cfm?grplstno=QLD229608&grpofcecode=QLD22

Catch is..............

Community Issues
Change in Employment Practises
Dysart has suffered a huge decline in population due to the employment practises of the mining company.

http://www.giveanaussieago.com.au/cgi-bin/view_page.cgi
http://bmacoal.com/bccom/export/operations/MapofOperations

Important to keep an open mind but ALWAYS do your research.

Cheers,

Sunstone.
 
G'day Sunstone,

Thanks for the post - yeah returns around 18% sound good (even better if the "negotiable" asking price is negotiated lower, but....)

By the way, I couldn't access the "giveanaussieago" link - mentioned something like "you haven't entered the right details to allow you to access the page :confused:

A thought-provoking post nonetheless - and, from your words, shines a light on "don't JUST use the Internet to find property". There is MUCH more to it than that !!!

Regards,
 
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