If you are looking to purchase property now in the Melbourne area mainly, then maybe I can help as the properties I am being contacted about are not listed on the internet. As the auction rates plummet, the REA’s are ringing me again which is great, however Ive just bought another property so am tied down in the borrowing department for a while.
One right now is a res 2 code, old weatherboard thats rentable now. Either build on the back or knock down and build 3. With interest rates on the way right down, this is an excellent landbank opportunity if you are not ready to develop straight away. Price $290k neg.
I have others coming in, so if anybody out there is seriously looking to buy, then please feel free to contact me. I am not an agent by the way nor do I get any kickbacks from 3rd parties.
Hope I can help.
Ianwhat suburb?
Hi Maree,
The property mentioned in the first post is in Frankston. I have REAs in that area as well as Clayton, Oakleigh, Mt Waverley. Also beachside suburbs from Chelsea to Seaford.
we are looking in the Chelsea Seaford area
cool will do
am looking to buy development site now in frankston, 2or 3 unit site ,about $400 k. do u know of any?? thanks yorkie
Can you tell me what the rental would be on the $290k house you have mentioned. Just to give me an idea on the rental return in the area.
Janelle
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