Mikey P replied to the topic re:kambalda wa in the forum No Subject 19 years, 10 months ago
Hi Guys
A few people maybe chasing info on this town. Check out http://www.pacrim2006.com.au This will give you visuals, history and shire plans.
I am not endorsing Kambalda but I am investing there.
Cheers
MikeyMikey P replied to the topic Positive Geared in the forum Help Needed! 19 years, 11 months ago
Check out http://www.realestate.com.au
WA then type in Kalgoorlie and Kambalda. You should find a few there. I am not endorsing these places however I am investing there at the moment.
MikeyMikey P replied to the topic Am I Nuts – or am I making Money anyway? in the forum General Property 19 years, 11 months ago
Giddo
The only thing standing between you and mega $$$’s is time!
MikeyMikey P replied to the topic Any adviice? in the forum General Property 19 years, 11 months ago
Basil
You might have to spend some money and go see an accountant. They will give you the fundamentals and set you right with companies/family trusts etc…..
Once set up, the rest is down to spirit, advice and being totally responsible for your position in life today. Remember every investment is a risk….nothing is guaranteed, but as some wise…[Read more]Mikey P replied to the topic re:kambalda wa in the forum General Property 19 years, 11 months ago
Just returned from a trip to Kambalda. Prices are continuing to move very strongly. The mine expansions are starting to kick in. Sold one of our properties 6 weeks after settlement for $32K more than what we paid for it! I love the place. More businesses are opening up there and there is a buzz happening. Might only last a few years but what an…[Read more]
Mikey P replied to the topic re:kambalda wa in the forum General Property 19 years, 11 months ago
For sure Kambalda is a risk, every investment is a risk. Show me a risk free investment promising good returns and I’ll throw all my wealth in!!!!
I agree the small investment that is required for Kambalda is surely worth a go???
Goldfields, Consolidated Minerals, Mincor, Sally Malay and the “Junk” brothers all can’t be wrong??
Buying a property…[Read more]Mikey P replied to the topic Location positive geared property in the forum General Property 19 years, 12 months ago
Thanks for your comments.
There’s no doubt that Mining towns are a risk. The history of some areas show this.
Kambalda is only 56 KMs from Kalgoorlie and about 3 hours drive north of Esperance and the presence of both Nickel and Gold as well as the close proxi to regional capital centres may keep the living renting there for qiute some time yet.…[Read more]



