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				<title>Blueboy replied to the topic Investing in Serviced Apartments in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4365700-investing-in-serviced-apartments/#post-4415434</link>
				<pubDate>Fri, 09 May 2003 07:46:05 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks all. I have been sufficiently scared off, back to the drawing board. So is the Melbourne CBD a lost cause at the moment?</p>
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				<title>Blueboy replied to the topic Sebel Apartments - St Kilda Rd in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4365697-sebel-apartments-st-kilda-rd/#post-4415425</link>
				<pubDate>Fri, 09 May 2003 07:40:59 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks Gary,<br />
I had quickly browsed the prospectus where there is a claim of no management fees etc and thought it was too good to be true. After your note I re-read the entire prospectus and noticed a couple of example P &amp; L statements.These statements included an expense of &#8216;outgoings&#8217; which I assume is a new name for management expenses. Anyway&hellip;<span class="activity-read-more" id="activity-read-more-270435"><a href="https://www.propertyinvesting.com/topic/4365697-sebel-apartments-st-kilda-rd/#post-4415425" rel="nofollow">[Read more]</a></span></p>
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				<title>Blueboy replied to the topic Defense Housing Investment in the forum No Subject</title>
				<link>https://www.propertyinvesting.com/topic/4365694-defense-housing-investment/#post-4415419</link>
				<pubDate>Thu, 08 May 2003 12:23:55 +0000</pubDate>

									<content:encoded><![CDATA[<p>Whilst there are comforts with the long term leases I would check the quality of the property very carefully first. DHA have purchased some mass produced properties (especially townhouses) they may result in some significant maintenance costs downtrack which could eat into any capital gain.</p>
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