Just looking to see if anyone else has any IP’s on the West Coast of Tassie, (Queenstown, Zeehan etc) ???
[cap]
Devilcv8, (Monaro Owner?)
Haven’t bought anything down there yet…… Have been looking at the areas you mention though. Be careful.
myoung
Hi myoung
(yeah Monaro owner & love it!)
I have just purchased a 3 bedroom house in Queenstown (for 79k) with a tenant paying $120 per week on a 12 month lease. The place was built in 1996 so can also claim depreciation.
I went down there for the weekend a few weeks back and there is some good opportunities down there.
People are happy to talk doom and gloom about places like this but not many have been there and spoken to the locals. Look at the prices now, if you take a risk you might do well down there. Be careful with anything under 50k though they usually need a lot of work. Spending 60k – 80k should see you with a good solid home that will attract decent tenants.
[cap]
You must be logged in to reply to this topic. If you don't have an account, you can register here.
