CF+ Brisbane for sale

Viewing 7 posts - 1 through 7 (of 7 total)

crashy
Participant
@crashy
Join Date: 2003
Post Count: 736
November 8, 2006 - 8:48 am
rents of $270 + $200 = $470
http://www.ljhooker.com.au/property_listing.php?id=1612046&type=residential&category=buy
http://www.posigear.8k.com
Positive Geared Share Investing
tammy
Member
@tammy
Join Date: 2005
Post Count: 155
November 8, 2006 - 12:16 pm
Is this your place that you are selling?
clones
Participant
@clones
Join Date: 2005
Post Count: 81
November 9, 2006 - 1:47 am
I’d like to know what are your numbers so say that place is CF+?
It doesn’t make much CF+ in my opinion.
Clones
************************
The net result is not so much lies, damn lies and statistics but rather vendor dreaming, buyer wishing and agent glossing.
Kuade
Member
@kuade
Join Date: 2006
Post Count: 84
November 10, 2006 - 12:16 am
I know Underwood very well and the property looks like it’s over sophisticated for the area, which is 20Km’s sth of Brisbane CBD. A lot of money seems to have gone into this property. It could have been bought in it’s original state for around $270K-$280K (in the last 12 months). Potential renters in this area would be families or young couples in the lower to mid middle class. This property seems more suited to the upper end of the middle class who want something nearer the city. There are a lot of these types of homes in this area (garage/storage downstairs and living upstairs) though rarely are done up to anything near this property. Most of the time the downstairs is slightly too low to be legal head height. If it were me I wouldn’t buy it as I think it would be hard to rent as it’s targetted to individuals who are looking 10Kms closer to the city.
kjs_2
Member
@kjs_2
Join Date: 2004
Post Count: 42
November 12, 2006 - 4:06 am
Looks like not a bad property, but advertised very badly. Is it 4 bedrooms total? 2 up and 2 down?or 4 up and 2 down? 1 bathroom? if the self contained flat has its own bathroom it must be 2 bathroom? As I said, very badly advertised. Obviously a very busy agent that leaves the listing to the trainee in the office? I would be very upset if this was my property.[glum]
kjs
kjs
Bo_D_
Participant
@bo_d_
Join Date: 2006
Post Count: 36
November 13, 2006 - 12:57 am
for THAT price in THAT location, i wouldn’t consider it a good deal. I dont see how it would be cashflow positive either.
Sargeant
Member
@sargeant
Join Date: 2006
Post Count: 31
November 13, 2006 - 1:25 am
I wonder Has this been council approved?? Seems a bit over priced.
Aslam Sargeant
0408 730 295
I SOLD MARSDEN