Hi all,
Has anyone heard anything on 2 developments that are being offered to our company over in the uk?
They are proximity in Arncliffe, Sydney and Monument which is in Darlinghurst, Sydney?
They are being offerd with a discount and 80% finance to overseas investors.
Prices for monument are $A486,000 for a 1 bed and $A842,000 for a 2 bed.
Proximity is $A365,000 for a 1 bed and $A465,000 for a 2 bed.
Any help will be greatfully received! althought i wouldn’t blame you if you didn’t get back to me after the recent cricket score! [biggrin]Dan Chamberlain
Fresh Invest
http://www.freshinvest.co.uk
[email protected]At those prices, and given the returns being received in Sydney, I hope your investors can claim tax deductions for overseas rental losses.
I wonder if proximity gets its name from being under the airport flight path – er, I mean, close to the convenience of Mascot?
oh dear, not too good then!
what kind of rentals are they looking at for 1 and 2 beds then?Dan Chamberlain
Fresh Invest
http://www.freshinvest.co.uk
[email protected]There is currently a 2 bedder available for $340 pw. in Proximity.
As for Darlinghurst there appears to be a rather high vacancy rate there at the moment.
Check out http://www.realestate.com.au for suburbs Darlinghurst and Wolli Creek (not Arncliffe).Wolli Creek is a new suburb created over the last few years, with a very large development going on there, that is supposed to continue for another 8 years. All development are units.
Mal
Getting out of your comfort zone, can help you become comfortable
You must be logged in to reply to this topic. If you don't have an account, you can register here.
