G'Day
Rob Phillips of Horsham Real Estate has kindly advised me that these flats
http://www.realestate.com.au/cgi-bi...f=10&p=10&t=res&ty=&snf=&ag=&cu=&fmt=&header=
are back on the market.
These were previously discussed about eighteen months ago
http://www.somersoft.com/forums/showthread.php?t=15874&highlight=dimboola
Rob says that rentals are currently
quote<<
Flat 1. $65 per week
Flat 2. $60 per week
Flat 3. $80 per week
Flat 4. vacant, asking $80 per week
Flat 5. $80 per week.
So the potential return is just under $19,000 per annum, with a possibility of increasing the lower priced units. unquote >>
In the same manner of discussing the one bedroom flat at Sale in Victoria, and Peter's example of 2 units for $80,000 at Jerramungup in Western Australia, this block of ex-Education Department flats at Dimboola in Western Victoria may be worth a post or two.
For any technical questions please ask Rob, but for general discussion of this type of 'high yield' investment away we go!
Cheers
Kristine
Rob Phillips of Horsham Real Estate has kindly advised me that these flats
http://www.realestate.com.au/cgi-bi...f=10&p=10&t=res&ty=&snf=&ag=&cu=&fmt=&header=
are back on the market.
These were previously discussed about eighteen months ago
http://www.somersoft.com/forums/showthread.php?t=15874&highlight=dimboola
Rob says that rentals are currently
quote<<
Flat 1. $65 per week
Flat 2. $60 per week
Flat 3. $80 per week
Flat 4. vacant, asking $80 per week
Flat 5. $80 per week.
So the potential return is just under $19,000 per annum, with a possibility of increasing the lower priced units. unquote >>
In the same manner of discussing the one bedroom flat at Sale in Victoria, and Peter's example of 2 units for $80,000 at Jerramungup in Western Australia, this block of ex-Education Department flats at Dimboola in Western Victoria may be worth a post or two.
For any technical questions please ask Rob, but for general discussion of this type of 'high yield' investment away we go!
Cheers
Kristine