PropertyInvesting.com | mrtender | Activity https://www.propertyinvesting.com/members/mrtender/activity/ Activity feed for mrtender. Fri, 17 Apr 2026 08:31:38 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7e9cabb9b933dbe4889e8e06eb374c76 mrtender replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631598 Sat, 11 Sep 2010 07:00:59 +0000 I suppose the thing that I am not sure about is … are there buyers out there looking for commercial properties with a return of 8% or 9%?

]]> 8da2c51b8ff0a8b92b391f6463322dd1 mrtender replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631597 Sat, 11 Sep 2010 06:44:50 +0000 Ok thanks.

I’ll do that … I’d image that cap rates would be around 8% – 9% … at a a guess.

So that would value if at
9% = $1.94mil
8% = $2.18mil

And at a worst case scenario …
10% = $1.75mil

And best case
7% = $2.5mil

Seeing i’m buying it for $1.6 … it sounds pretty good.

]]> a1ca64b80756cf39e3010042ca35a7a0 mrtender replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631595 Sat, 11 Sep 2010 04:02:47 +0000 Thanks Michael.

I have the tennant lined up. They are willing to sign for $175k pa + gst + outs

Anyone know what this would put the value of that place at fora reasonably quick sale in the current climate?

]]> a5c7bbc7919e9506a652ed78794b7117 mrtender replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631593 Sat, 11 Sep 2010 01:58:49 +0000 I suppose some kind of clarification …. I have an opportunity to buy this empty building for $1.6mil … and put in a tenant on those terms….

I want to sell the building immediately after the tenant moves in… and make profit.

The tenant is secure, and established in different premises and ready to move.

If I do this I want a quick sale……[Read more]

]]> 8757eb9068d24032cad6b705f4300f5b mrtender replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631592 Fri, 10 Sep 2010 11:14:49 +0000 Is that a net or gross lease?
Net. They are paying $175k + gst + outgoings

Do they have any options yet to be exercised?
Yes. I will be selling the property with a brand new 3 + 3 + 3 lease

Is there any hardstand & how much?
about 40 carparks

What sort of construction? How old? What condition?
20 year old. Brick

How much…[Read more]

]]> 9bc6d9f39a331ffa7fd82da88df11774 mrtender replied to the topic Australian property market; sustainable? in the forum Very interesting topic There https://www.propertyinvesting.com/topic/4398509-australian-property-market-sustainable/page/3/#post-4615665 Fri, 29 Jan 2010 23:24:54 +0000 Very interesting topic

There is no question –

1. End the the first home buyer grant … PLUS
2. Rising interest rates … PLUS
3. Scaling back of government “emergency” policies that induced economic activity ….

EQUALS

Definitely -> More defaulting mortgages
Definitely -> Flat prices
Definitely -> Bargains to be had
Possibly – Real Estate…

]]> 66192764aa2e6cb01c624e316582bd2d mrtender replied to the topic Interest Only - Arrears or Advance? in the forum Finance https://www.propertyinvesting.com/topic/4392034-interest-only-arrears-or-advance/page/2/#post-4581239 Mon, 24 Mar 2008 23:08:18 +0000 Jaleesa wrote:
I get .7% off standard or 0.15% off fixed.

What is the % rate after the discount  Jaleesa?

]]> b55b3be0965c41f48eee81369de76d79 mrtender replied to the topic Interest Only - Arrears or Advance? in the forum Finance https://www.propertyinvesting.com/topic/4392034-interest-only-arrears-or-advance/#post-4581235 Sun, 23 Mar 2008 02:48:54 +0000 Well… Humble pie is what i am eating….You were right jonrob and qlds007….I got an answer of  … " Sorry mate there is no room to move"… The IO loan is at rate of 8.56% with no fees…. which is what they advertiseI am excited about this IP though…. it is a ripper

]]> e8383488bc73ce32558322e771fdec54 mrtender replied to the topic Interest Only - Arrears or Advance? in the forum Finance https://www.propertyinvesting.com/topic/4392034-interest-only-arrears-or-advance/#post-4581228 Fri, 25 Jan 2008 12:54:13 +0000 Hi TracyMy beef with the NAB's fees is really not to do with property or mortgages…. it is more to do with my business, which happens to be a very high transaction business….  $15mil turnover with an average sale of $80   =  a lot of individual business transactions = a lot of fees. $15 mil  turnover might give you the impression that I am l…[Read more]

]]> f78c6e0fdc777d363cf445a373fc4fc5 mrtender replied to the topic Interest Only - Arrears or Advance? in the forum Finance https://www.propertyinvesting.com/topic/4392034-interest-only-arrears-or-advance/#post-4581220 Mon, 21 Jan 2008 06:15:56 +0000 Sorry to slam the bank that you work for jonrob. I do have a tew frustrations with the NAB. The transaction fees are horrendous, and after being with the NAB for 15 years i am sick of these fees…. although the personal service has always been excellent… the NAB has never bounced a cheque on me even when I have been overdrawn…. they have…[Read more]

]]> 2b48ac5b20c0f80cc74f761ce26cc4b2 mrtender started the topic Interest Only - Arrears or Advance? in the forum Finance https://www.propertyinvesting.com/topic/4392034-interest-only-arrears-or-advance/ Sun, 20 Jan 2008 20:28:03 +0000 I have a question regarding Interest only loans.

I intend to borrow $320,000 for a residential IP.

I bank with the NAB, and I can get approval there pretty easily… I am also going to negotiate hard for discount off their advertised rate (GIMME THE LOAN AND A BETTER RATE OR I'LL TAKE MY WHOLE FRANCHISE GROUP AWAY FROM YOUR BANK!!!!! …..…[Read more]

]]> 9316021e242b1313fcb929a02ce5b210 mrtender replied to the topic Quantity Surveyor / Depreciation question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391991-quantity-surveyor-depreciation-question/#post-4581007 Thu, 17 Jan 2008 00:23:46 +0000 Thanks blueheeler and LA AussieAny chance at getting your best guess at what the depreciation figure might be? Maybe a "from this" "to this" number?I have absolutly no idea …. and I cant really the the report done until I own the property. Your best educated guess would really help me crunch some numbers.Thanks again

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