All Topics / General Property / 30Fleet Drive Rippa King

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  • Profile photo of Magpie2010Magpie2010
    Member
    @magpie2010
    Join Date: 2010
    Post Count: 26

    Hi, Anybody know about Rippa King in terms of good suburb. Also there is a new development in Fleet Drive. If anyone has any info on the developer and past sales. Most appreciated

    I am yhinking of buying an IP in the development.

    Profile photo of Andrew_AAndrew_A
    Participant
    @andrew_a
    Join Date: 2003
    Post Count: 392

    I know Kippa-Ring well.

    Personally I would need a compelling reason to buy in a larger complex, to me the value is in the established housing on larger blocks. Marketers are on the ground in numbers at the moment out here, so watch out for who is selling you a property.

    You can get 4+2+2 well conditioned not too old brick houses on 600+ blocks in suburbs nearby for around the 350k level, to me this really places a limit of what you can reasonably ask for townhouses.

    As in all things investment wise it's important to do your homework well.

    By the way, I love the description.. Rippa King! It's an improvement :)

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