Just got details allowing me to enter into a land ballot.Lots are 120-160K most ocean view, inan estate. half teh blocks are owned by BHP who have just started a big Nickel Project.
Land 130
house 150
interest 20
rents are around 425-450 typical 3br ,2 bath
has to be done within 2 years , cannot sell on until house completedI would apprecate any feedback on this ,as it is all new to me
Rob
Rob
“Attention to intention”hi robsail
pm wherehere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]Not sure what “PM means” , sorry
RobHi Rob,
Not knowing a lot about the long term future of the mine at Ravensthorpe (driving distance to Hopetoun) I would suggest that BHP’s interest/involvement in Hopetoun will be directly linked to the mine life.
This quandry then leads to my next comment – $450/week in a mining town may be sustainable for a period of time. $450/week in Hopetoun is not sustainable for long term rentals. I wouls also be wary of over capitalising in a small/holiday community.
Derek
[email protected]
http://www.pis.theinvestorsclub.com.au
0409 882 958HI robsail
I’ll pm you and then you can reply not sure where this site is Derek seems to know it.once I have alook at the area can give you abetter response.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]Mmmmm I agree with Derek on this one. I’d be careful, but then again you could get lucky depending on when you sell it – hard to predict!!! A bit speculative I feel!
sq
WA GR..
REDWING
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