Certainly is. Goes to show the risk is mainly with the driver of the development rather than the development itself.
So true oct .
Leo
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Certainly is. Goes to show the risk is mainly with the driver of the development rather than the development itself.
So much so that I find it unconscionable that they can still be marketing anything. BUYER don't BEWARE, just DON'T.
17.95%pa . I predict cost blow outs to follow in the last 2 months.
From memory the company gets paid to put the deal together and then at the end. I think half upfront 5% of total project cost and then balance 5% at end, not performance based. The initial capital investors put in also formed part of this. My figure could be wrong but km pretty sure that's how it was structured give or take a % or 2
Nice balcony though!Have seen this - the problem is I think its only 66 sqm and more importantly there is so much stock on the market it will come down to how low will you go.
Hi guys,
thanks for posting and sharing all of this. I have coincidentally been looking at this group and am considering to invest in their upcoming project in Beckenham. Looking forward to sharing and reading on more of this stuff...
Hi guys,
thanks for posting and sharing all of this. I have coincidentally been looking at this group and am considering to invest in their upcoming project in Beckenham. Looking forward to sharing and reading on more of this stuff...
dip in an extra $100K, interest rates now at 18%, delays of over 2 years.
Hi guys,
thanks for posting and sharing all of this. I have coincidentally been looking at this group and am considering to invest in their upcoming project in Beckenham. Looking forward to sharing and reading on more of this stuff...
Hi guys,
thanks for posting and sharing all of this. I have coincidentally been looking at this group and am considering to invest in their upcoming project in Beckenham. Looking forward to sharing and reading on more of this stuff...
Interesting first post.
Can you please clarify if you are related (financially/personally) to any of the owners of this 'group'?
sounds good to me, where do i sign up?