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  • Profile photo of pg2005pg2005
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    @pg2005
    Join Date: 2005
    Post Count: 6
    Originally posted by Learning Guy:

    what is the main stream of income ?
    dodo internet already have the same thing happening, they are retail store, provide coffee, light cake, and free internet, just need to sit down and use the facility.

    mission ? to provide internet access ?
    – dodo is already providing one, this is in VIC, but if different state, maybe different.

    that is my opinion, correct me if i am wrong.

    Hahaha, nice one… “Dodo is already providing one”…are you suggesting that since Dodo has 5 stores located around Melbourne that there is no more room in the market…unless this person opens up in a different state?

    I think with the right location an Internet Cafe is a great idea. It’s my view that people will frequent an internet cafe in their locality rather than travel elsewhere simply because of a brand name. My business partner operates an internet cafe located close to a university. It’s always full of students and does very well. Additional revenue comes from Computer Hardware sales, training, and software. Gaming is a solid driver as is multimedia downloads which can’t be done at Uni. His customers also ask his advice for all things IT related. From my experience, if you’re business is even slightly involved in the IT industry, customers tend to come to you for everything IT related, thinking you know it all. This has enabled my partner to rival his internet access revenue with peripheral product sales.

    Learning Guy, stick to your risk-averse mom’n’pop property investing (attempted by every man and his dog wanting that investment flat) and leave the ‘real’ entrepreneurs to startup businesses for some serious returns.

    Profile photo of pg2005pg2005
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    @pg2005
    Join Date: 2005
    Post Count: 6

    Docklands is an unknown in my opinion.

    One thing’s for sure, there’s a huge number of vacant apartments and rent is extremely low due to over supply. Melbourne has just undergone a huge apartment boom all over the city, and inner suburbs.

    The state government has plans for the region but I’m not sure it will ever compete with suburbs like Port Melbourne, St Kilda, Albert Park and South Melbourne which are close by. Melbourne has so many great precincts and Docklands may not ever be up to it. It has a few good restaurants but not much else. To me it looks like hype. So what if it’s on the water. It’s not that attractive anyway.

    If you want lifestyle I recommend moving to St Kilda, Port Melbourne of Albert Park. From there you can catch a tram into the city in 10 mins or even walk if you feel like it. Also Chapel Street in South Yarra/Prahan, and Acland St/Fitzroy St in St Kilda are right on your doorstep and they make Docklands look like a ghost town and they’re on the water.

    Profile photo of pg2005pg2005
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    @pg2005
    Join Date: 2005
    Post Count: 6

    Melbourne – Won world’s most livable city twice
    Sydney – Just like a cubic zyrconia…looks good at first, but when you look a little closer :)

    Profile photo of pg2005pg2005
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    @pg2005
    Join Date: 2005
    Post Count: 6
    Originally posted by nkibel:

    Hi Cashpoor

    I would stay away from the city and docklands and southbank. I think in time docklands will be good however presently its a construction site.
    Middle ring suburbs are also good such as Hawthorn Camberwell ect.

    I completely agree with the comment about Docklands and Southbank. The vacancy rate is huge and I think it will be quite a long time before the place is fully established. In time I think it will be a fantastic CBD waterfront location.

    Can’t agree that Hawthorn and Camberwell are good value. They are not middle band suburbs, they are in the top 10 most expensive suburbs in melbourne and property is highly prized, plus they are within 7kms of the CBD.

    In my opinion suburbs like Brunswick, Chadstone, Murrumbeena, Burwood, Ashwood, Ashburton, Blackburn, Glen Waverley, and Mount Waveryley are good value. They are middle ring suburbs and not full of $million+ homes (and numerous mansions) like Hawthorn and Camberwell.

    Brunswick seems like particularly good value. It is within 4kms of the city, near fantatic Lygon Street precinct, near Melbourne Uni, and RMIT uni. I think it’s starting to become very trendy and an alternative for young professionals who find themselves unable to afford to buy in the inner-eastern suburbs where they grew up.

    Profile photo of pg2005pg2005
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    @pg2005
    Join Date: 2005
    Post Count: 6

    Dazzling, you mean I can’t buy the first house I find in the suburb next to me? Gee thanks for the tip.

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