Hi All:
I've just booked a unit at "The Clifton" 25 clifton street, Prahran for investment. NW facing on 2th level (equivalent to 4th story high), promising some city view. for $545K, return is $524p/w. I have up to friday for cooling period. I just like some input from you all.
At this point I'm a bit concerned if the immediate building on West and North has a big possibility to be redeveloped in the next few years, which will block me out all the views and sunlight.
It's very near the Chapel Street, public transport, market. It has also a housing commission on the a few blocks away North. I've drove around the area at night and had not see anything disturbing. Check out the crime rate in the area and it is only slightly higher than Victoria average. Vacancy rate is at in 3.2 (Aug 2012).
I've just booked a unit at "The Clifton" 25 clifton street, Prahran for investment. NW facing on 2th level (equivalent to 4th story high), promising some city view. for $545K, return is $524p/w. I have up to friday for cooling period. I just like some input from you all.
At this point I'm a bit concerned if the immediate building on West and North has a big possibility to be redeveloped in the next few years, which will block me out all the views and sunlight.
It's very near the Chapel Street, public transport, market. It has also a housing commission on the a few blocks away North. I've drove around the area at night and had not see anything disturbing. Check out the crime rate in the area and it is only slightly higher than Victoria average. Vacancy rate is at in 3.2 (Aug 2012).