What Now!!??

Viewing 7 posts - 21 through 27 (of 27 total)

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Trance
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@trance
Join Date: 2008
Post Count: 37
February 14, 2008 - 7:58 am
its a brand new property which has just completed.. so no point in reno or anything… just building up $$ now but first we have to get a tenant in that building….
Trance
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@trance
Join Date: 2008
Post Count: 37
February 14, 2008 - 8:56 am
Ian Landy wrote:
Trance wrote:
Coomera
Well that's a good start. Coomera ( gold coast ) is definitely a great area to invest from what I've heard. I am just south of the qld border and property is growing strongly here. Did you buy a new dwelling or an older place?
Ian
hey Ian
Where abouts in SE QLD mate?
Rockian
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@rockian
Join Date: 2008
Post Count: 85
February 14, 2008 - 9:04 am
Trance wrote:
its a brand new property which has just completed.. so no point in reno or anything… just building up $$ now but first we have to get a tenant in that building….
What's it worth?
Shouldn't be a problem getting tenants. I rented a new property out late last year and got a premium for being new. House was worth around 400k and we're getting 360/wk. Good depreciation benefits being new as well.
Trance
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@trance
Join Date: 2008
Post Count: 37
February 16, 2008 - 10:10 am
hey Ian,
where abouts is your property in SE QLD?
cheers mate
Rockian
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@rockian
Join Date: 2008
Post Count: 85
February 16, 2008 - 11:09 am
Trance wrote:
hey Ian,
where abouts is your property in SE QLD?
cheers mate
I have a few in Ocean Shores which is actually in NSW. About 30 min south of the border.
The new API magazine shows an ad on the inside front cover for positive cashflow properties at BOOMERA COOMERA. Gives the place a big rave. Hope they're right for your sake!
Cheers, Ian
Trance
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@trance
Join Date: 2008
Post Count: 37
February 16, 2008 - 9:28 pm
Yeah saw that article and defn hope so in our case….. I don't think you can buy a brand new property there for under $400K anymore….. unless its a bit older and with one garage…
jsoohoo
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@jsoohoo
Join Date: 2010
Post Count: 26
June 2, 2010 - 4:55 am
Which issue is this? I would like to read up on the article myself.
I'm also thinking about investing in Upper Coomera but have mixed feelings about the place. I would love to know how your investment is going since 2008? What is your feelings on your property at the moment? Any advice would be great!
Rockian wrote:
Trance wrote:
hey Ian,
where abouts is your property in SE QLD?
cheers mate
I have a few in Ocean Shores which is actually in NSW. About 30 min south of the border.
The new API magazine shows an ad on the inside front cover for positive cashflow properties at BOOMERA COOMERA. Gives the place a big rave. Hope they're right for your sake!
Cheers, Ian