All Topics / Help Needed! / AYR

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  • Profile photo of viralkviralk
    Member
    @viralk
    Join Date: 2003
    Post Count: 65
    April 29, 2004 - 1:05 am

    Hello! Has anyone done the research on the Town called AYR (up north of Qld). It’s small town with 10,000 people living there. Main activities in the town is Sugar Industy. But I have been told that sugar industry is in trouble and so the town will be ghost within few years time. I have got one IP there..please looking for your comment and advice.

    Kind regards,
    viralk

    Profile photo of wejons1wejons1
    Member
    @wejons1
    Join Date: 2004
    Post Count: 26
    April 29, 2004 - 1:29 am

    Viralk,

    Have you actually been there yourself?

    wejons1

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    April 29, 2004 - 1:43 am

    I have a client who purchased there. The valuation report stated that prices had risen rapidly recently-due mainly to out of town investors and that there was a good chance of a price drop in the future. This was just the valuers comment, but valuation came in at purchase price.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

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