Hello all,
I am giving consideration to purchasing an off the plan 2 bedroom apartment in the Kensington development in the Central development area of Townsville. ($435K)
I was wondering if anyone may be able to give some advice on their recent experiences in Townsville and whether the market is good for such a purchase.
Also, am i dreaming if i want to finance at 90% LVR?
There is a lease back arrangement available which makes it positive cash-flow but i am concerned about finance and the capital growth prospects for the area.
Any info would be greatly appreciated.
Ratter.
I am giving consideration to purchasing an off the plan 2 bedroom apartment in the Kensington development in the Central development area of Townsville. ($435K)
I was wondering if anyone may be able to give some advice on their recent experiences in Townsville and whether the market is good for such a purchase.
Also, am i dreaming if i want to finance at 90% LVR?
There is a lease back arrangement available which makes it positive cash-flow but i am concerned about finance and the capital growth prospects for the area.
Any info would be greatly appreciated.
Ratter.
