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From: Franky Psuedo
Can anyone help me with an investment I'm cosidering in Noosa. It is a new resort with a conference centre,gym,pool,etc,etc. There are 60 1 bedroom apartments ranging from mid 300's to low 400's.
They are 1 bedroom, and the owner/developer is holding on to about 30.
There is a guaranteed return of 6% net yield for first 3 years, with option for management of resort to give a further 3 years with increased return to 8%.
Any ideas?
Can anyone help me with an investment I'm cosidering in Noosa. It is a new resort with a conference centre,gym,pool,etc,etc. There are 60 1 bedroom apartments ranging from mid 300's to low 400's.
They are 1 bedroom, and the owner/developer is holding on to about 30.
There is a guaranteed return of 6% net yield for first 3 years, with option for management of resort to give a further 3 years with increased return to 8%.
Any ideas?
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