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	<title>PropertyInvesting.com | dpharris75 | Activity</title>
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				<title>dpharris75 replied to the topic Car Park in Sydney in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4382530-car-park-in-sydney/#post-4531523</link>
				<pubDate>Tue, 04 Oct 2005 05:21:18 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks guys, a couple of &#8220;ifs&#8221;?<br />
If I get it for $43k, and<br />
if I get the rent up to $50 ??<br />
That pushes gross yield up to 6% and looking around Sydney most other places are $60k plus, I&#8217;m new at this so I don&#8217;t see why its such a bad investment (presuming I get 70% finance).</p>
<p>Although saying that the 10k I have sitting in the bank already gets 6%&hellip;<span class="activity-read-more" id="activity-read-more-226132"><a href="https://www.propertyinvesting.com/topic/4382530-car-park-in-sydney/#post-4531523" rel="nofollow">[Read more]</a></span></p>
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				<title>dpharris75 replied to the topic Car Park in Sydney in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4382530-car-park-in-sydney/#post-4531522</link>
				<pubDate>Tue, 04 Oct 2005 05:19:34 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks guys, a couple of &#8220;ifs&#8221;?<br />
If I get it for $43k, and<br />
if I get the rent up to $50 ??<br />
That pushes gross yield up to 6% and looking around sydney most other places are $60k plus, I&#8217;m new at this so I don&#8217;t see why its such a bad investment (presuming I get 70% finance).</p>
<p>Thanks again for your help, Damien</p>
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