Hiya
A quick question:
I have an offer to purchase a house (it would be for a rental) on a big block (more than 700 sqm) in Sydney for the price of a duplex (one third the size); only setback is it is on a battleaxe block.....the same house if on a regular block would cost 50K more...rental yield is more or less the same....
Would you do it? Love to hear your opinions to help make up my mind....
Also can one put a granny flat on a battleaxe block?
thanks! (BTW the price is in the mid 200s in Western Sydney and no; it is not Mount Druitt)
A quick question:
I have an offer to purchase a house (it would be for a rental) on a big block (more than 700 sqm) in Sydney for the price of a duplex (one third the size); only setback is it is on a battleaxe block.....the same house if on a regular block would cost 50K more...rental yield is more or less the same....
Would you do it? Love to hear your opinions to help make up my mind....
Also can one put a granny flat on a battleaxe block?
thanks! (BTW the price is in the mid 200s in Western Sydney and no; it is not Mount Druitt)