Hi All,
I'm currently looking at various suburbs for potential IP purchases and with one suburb that I am looking at, the medium price os around $360k, however, house and land packages in the suburb are around $390k.
Given that the H & L packages would have greater depreciation and write-off benefits, most likely less maintenance issues and possible appeal to tenants due to newer fixtures and fittings, can I please ask what other factors I should be taking into account when considering whether or not to purchase a H & L package.
For example, some H & L packages have less m2 area and thus a limited opportuntity for redevelopment down the track.
Any comments would be greatly appreciated.
Zargor
I'm currently looking at various suburbs for potential IP purchases and with one suburb that I am looking at, the medium price os around $360k, however, house and land packages in the suburb are around $390k.
Given that the H & L packages would have greater depreciation and write-off benefits, most likely less maintenance issues and possible appeal to tenants due to newer fixtures and fittings, can I please ask what other factors I should be taking into account when considering whether or not to purchase a H & L package.
For example, some H & L packages have less m2 area and thus a limited opportuntity for redevelopment down the track.
Any comments would be greatly appreciated.
Zargor