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	<title>PropertyInvesting.com | imaginary_number | Activity</title>
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				<title>imaginary_number replied to the topic Buying a single motel unit in the forum Commercial Property</title>
				<link>https://www.propertyinvesting.com/topic/4403450-buying-a-single-motel-unit/#post-4646661</link>
				<pubDate>Thu, 23 Jun 2011 12:14:24 +0000</pubDate>

									<content:encoded><![CDATA[<p>Mal,</p>
<p>I have an apartment in Melbourne leased to a boutique operator. It&#8217;s an older style apartment in the french end of the city. The net return is 9%. You need to convince yourself that the deal is worth your money. I was happy with this investment as:<br />
&#8211; it was a older (1930s) apartment with high ceilings, large and had character<br />
&#8211; the block&hellip;<span class="activity-read-more" id="activity-read-more-25096"><a href="https://www.propertyinvesting.com/topic/4403450-buying-a-single-motel-unit/#post-4646661" rel="nofollow">[Read more]</a></span></p>
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				<title>imaginary_number replied to the topic Where to buy, the west or the east(MEL)? in the forum Help Needed!</title>
				<link>https://www.propertyinvesting.com/topic/4404003-where-to-buy-the-west-or-the-eastmel/#post-4650268</link>
				<pubDate>Thu, 23 Jun 2011 11:48:57 +0000</pubDate>

									<content:encoded><![CDATA[<p>Christian is on the money for the suburbs with good potential. I think $400k would be at the very bottom of what you&#8217;d pay for a house.</p>
<p>If you are going to consider units, low $400s will give you a lot more options. I think the opportunities here are increasing as the market has slowed for two bedroom apartments around that price &#8211; have a look at&hellip;<span class="activity-read-more" id="activity-read-more-104803"><a href="https://www.propertyinvesting.com/topic/4404003-where-to-buy-the-west-or-the-eastmel/#post-4650268" rel="nofollow">[Read more]</a></span></p>
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