No, that's ok. You asked who would want to lease there and I just named a few companies that came to mind.
A few of them also have offices/buildings in the CBD too.
Deal of the year! 3 x houses for $20,666.66
- Thread starter Nathan
- Start date
No, that's ok. You asked who would want to lease there and I just named a few companies that came to mind.
A few of them also have offices/buildings in the CBD too.
Actually my workplace suggested our team may relocate to Docklands (we're a top 20 company with offices across CBD and Docklands), and I suggested to my boss I may resign. Relocation never happened.
"Everyone is your brother, until the rent is due" (Vincent, Ronin 1998)
I work for one of those companies that have their mlb base in Docklands. I lived in MLB for 7 years previously and loved it, but now live in BNE. I visited our mlb office for the first time a few weeks ago and my god that docklands is an awful place. A soulless expanse with zero character. Just doesn't feel anything like the real mlb.
All of the staff hate it and it is a factor in people's employment decisions.
Wow !!!
A deal of the year exactly 5 years ago, looking like a 50% loss after costs.
What went so wrong?
A deal of the year exactly 5 years ago, looking like a 50% loss after costs.
What went so wrong?
It's just a marketing tool. If I found the deal of the year, I wouldn't tell you about it.
Reality is Nathan's marketed himself very well. I know a few friends younger than Nathan who self-made more money through property (verifiable figures) with less effort, but they wouldn't be able to convince anyone here to invest with them, because their skill is not marketing or presenting themselves and these days they only dream about lalaland stuff like how to raise capital to build a casino in some strange island.
Reality is Nathan's marketed himself very well. I know a few friends younger than Nathan who self-made more money through property (verifiable figures) with less effort, but they wouldn't be able to convince anyone here to invest with them, because their skill is not marketing or presenting themselves and these days they only dream about lalaland stuff like how to raise capital to build a casino in some strange island.
I'd call this one an advertising fail more than anything!
Jeez, we're not really helping bury it by posting in this thread continually!
would you mind repeating what you just said ?
I couldnt hear you.....
Keeping the thread alive !
Will there be a follow up to this with - "deal of the decade" ?
Possibly just a crap property in a crap condition in a crap location of a crap suburb with crap tenants.
It's not always just about the numbers with property, at some point there is this thing called quality that also needs to be considered.
But mention "positive cash flow" and sometimes common sense goes out the window.
No different to buying 10% yielding shares that become 0% yielding as the next dividend payment gets cut and the company goes downhill.
Yield? If you want yield just buy some developer guaranteed rentals. Before it goes vacant for 24 months after the guarantee is gone.
