The Entrance Commercial Property

Hi Guys,

Just wanted to let you guys know of a very good property deal I have found but am unable to fund it at this stage.

http://www.realcommercial.com.au/cg...t=&header=&cc=&c=88152759&s=nsw&tm=1288163736

This property needs minor fixes and is only 3 years old.

Agent has indicated around $1MILL on the Auction day.

And I know from experience (have bought and sold in The Entrance before) this unit will sell for $220K+ each very easily and $300K+ for the shop once strated (currently on 1 title).

There is atleast $300K NET profit in this deal minimum with very little work involved.

Anyone has any thoughts?

Thanks.
 
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