All Topics / Help Needed! / Waldorf Strata Titles

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  • Profile photo of jo-pauljo-paul
    Member
    @jo-paul
    Join Date: 2005
    Post Count: 2

    Hi everyone
    We are looking for our first investment opportunity in Perth and see a few apartments in the Waldorf & Mounts Bay complex on Mounts Bay Road. They are fully serviced apartments that offer a rent guarentee.

    Is there anyone that either has bought one of these or has looked into it and can offer us any advise ? We would be buying it with existing equity.

    Thanks !
    Jo & Paul

    Profile photo of meilin08meilin08
    Member
    @meilin08
    Join Date: 2005
    Post Count: 96

    Hi

    In 2002 my cousin bought a 2 bedroom apt in Waldorf. We bought in Observation Rise in Scarborough.

    Was chatting to her the other day. Their apartment has only gone up about $30,000.
    Ours doubled in that time.

    Regards, Mei-Lin

    Profile photo of AUSPROPAUSPROP
    Participant
    @ausprop
    Join Date: 2003
    Post Count: 953

    yes I looked at the mounts bay ones about 8 years ago and can say i am glad i didnt invest – the growth in that time would have been minimal. the huge emu brewery apartment tower (70 odd stories?) will be a few doors down as well and you will be competing with that



    http://www.megapropertygroup.com

    INVESTMENT SALES * RENTAL SOLUTIONS * STRATA MANAGEMENT

    Profile photo of jo-pauljo-paul
    Member
    @jo-paul
    Join Date: 2005
    Post Count: 2

    Thanks for the replies. I’m glad we looked into it more closely.

    cheers !
    paul[blink]

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