All Topics / Creative Investing / Three houses in a row

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  • Profile photo of OriginalsinnerOriginalsinner
    Join Date: 2005
    Post Count: 79

    Hi all,Some time ago I posted up a topic asking for advice on whether or not two houses for sale next door to each other in Kingaroy would be a good development opportunity. I decided not to proceed, as I am based in Brisbane and it would be a bit distant for me to manage the project effectively. But, I've kept an eye on them, as I wanted to see if they'd sell. A third property next door to the first two is now for sale as well. The three blocks are 1012 m² each (so a total of 3036m²), and I think they're all ResB, but am uncertain of that.

    Anyway, thought this might be of use to someone, so if anyone’s interested, they’re in Knight Street.

    Profile photo of TerrywTerryw
    Join Date: 2001
    Post Count: 16,213

    Would be good – but has this 'goodness' been factored into what they are asking already?

    watch out for aggregation of stamp duty – not stamp duty on each but on all 3 combined which will be much more.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide)

Viewing 2 posts - 1 through 2 (of 2 total)

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