Has anyone got any info on this company? They are based at Coollongatta on the Gold Coast and sell property with the hope of starting up a rental agreement with you so that they can put timeshare in it.
regarrds
Paul
If by classic you mean “aged” then that’s me….I’m a classic property investor!!! [biggrin]
ha ha Naah I dont think there aged??????
cheers
Why I ask is that a friend of mine recently purchased an apartment one bdrm at surfers sleeps six. Is on Level 3. She purchased it for 260,000. It is listed as 4 and a half star. This company which I have no reason to think of being dodgy yet are in the the business of buying property then setting up a rental agreement of 280 per week to fill it with time share recipients. In your opinion does it sound ok and what would you realistically think it would be worth? It is about 10min North walking from Cavill Mall and sleeps six.
cheers
paul
Classic properties are affilliated with Classic Holidays the time share mob.
Went to one of their seminars the other week to check them out. It was pretty much the same old marketing spiel.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Hi Paul…,
I think the asking price is going to fund your rent return. Then after that, ‘the market’ will dictate the ‘real’ rent return.
Cheers,
Gatsby.
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