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				<title>PeterMac_2 replied to the topic Retirement units in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4367689-retirement-units-2/#post-4427480</link>
				<pubDate>Wed, 10 Sep 2003 01:46:57 +0000</pubDate>

									<content:encoded><![CDATA[<p>My first IP has just settled and it is a 2 unit retirement property with Sunnycove in Qld.  The purchse price was $183,250 (including furniture) and the Bank of Queensland valued the building only at $178K.   The furniture package is $8,800, so I was in front even before we settled.</p>
<p>If you are buying to hold, it doesn&#8217;t matter if the growth is&hellip;<span class="activity-read-more" id="activity-read-more-205508"><a href="https://www.propertyinvesting.com/topic/4367689-retirement-units-2/#post-4427480" rel="nofollow">[Read more]</a></span></p>
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