Anyone after a bargain?

[saiman]

I suspect this might go for less than the $39m paid after 2 years of marketing

http://www.afr.com/p/national/hockey_orders_sale_breach_point_4vfndyC0uTrYvcShhGyu8M

I'd be interested if I was Julia Ross

 

[Azazel]

I suspect this might go for less than the $39m paid after 2 years of marketing

I dunno, Sydney has gone up quite a bit in the last 2 years!
Would be funny if they made a killing on it.

 

[jerrybee]

I dunno, Sydney has gone up quite a bit in the last 2 years!
Would be funny if they made a killing on it.

Not in 90 days...I'd be surprised if they find a buyer that doesn't fleece them. Given the owner is worth 7 billion, I think anyone that comes in with like a 10-20m offer has a shot

 

[Kinnon Bell]

Always after a good bargain though I might pass on this one. The house is only 1500sqm and I need at least 2500sqm for my huge family of 2 humans and 2 four legged creatures....

 

[TMNT]

in a perfect world, and if you were a bit of a risk taker,

could you not say buy it for $25m, and then put it on the market for 1 year and sell it for $32 mill?

thus making a net profit of $7m!!

 

[saiman]

in a perfect world, and if you were a bit of a risk taker,

could you not say buy it for $25m, and then put it on the market for 1 year and sell it for $32 mill?

thus making a net profit of $7m!!

Potentially...but not before living in it for a 12 months and hosting many parties

 

[Azazel]

in a perfect world, and if you were a bit of a risk taker,
could you not say buy it for $25m, and then put it on the market for 1 year and sell it for $32 mill?
thus making a net profit of $7m!!

What are the holding costs like? We could all chuck in, hehe.

 

[TMNT]

What are the holding costs like? We could all chuck in, hehe.

I wonder if the loan application wuld have enough room for all the zeros

 

[pinkboy]

Buttplugalozza 2016.



pinkboy

 

[jerrybee]

I wonder if the loan application wuld have enough room for all the zeros

Loan? With enough baby milk powder it'll be yours

 

[WillG]

What are the holding costs like? We could all chuck in, hehe.

Probably around $1m per year depending on the deposit and how low you can negotiate the rate on the loan

I suspect stamp duty would be sizable

 

[Jamie_]

What yield?

 

[JameZ]

I'll start by chipping in 10k.

 

[twobobsworth]

So just to confirm we're happy to sell the farms, key agriculture lands and water rights to overseas buyers, but a rich dude who wants a pad for new years eve can bugger off??

As for the house, I want to park my boat out the back for that type of money.

I'll pass.

 

[Genia]

I wonder, if there are more "bargains" will be coming to market soon?

 

[Genia]

Sold for $40M

http://www.news.com.au/finance/real...la-del-mare-sold/story-fncq3era-1227330339504

 

[TMNT]

damn thats a good price, it must have had some interest in it to have sold at that price,

no wonder they ignored my offer

 

[Peter_Tersteeg]

damn thats a good price, it must have had some interest in it to have sold at that price,

no wonder they ignored my offer

I think they ignored your price because you showed up in a limo and not a helicopter.

 

[Bentley]

Sold for $40M

http://www.news.com.au/finance/real...la-del-mare-sold/story-fncq3era-1227330339504

I wonder if they would allow Xu Jiayin to keep the $1mil+ profit, since its an illegal sale.

 

[eggnog]

What profit? Considering ~7% transaction costs dude came out with a loss.