Best to speak to a professional (ie townplanner/surveyor) who will be able to give you a perspective on the likelihood of it being rezoned in the future and how the watercourse might come into play.

Did you pay for title insurance as well BTW at purchase? iirc they have provisions for boundary issues.

If you don’t have time – outsource the responsibilities to someone else.

What exactly is your ‘property business’? Just owning a portfolio of properties, or are you looking at doing something more business related in the field?

I’d definitely just have a chat with a real estate agent to determine potential value post renovations. Keep in mind they will always give a rosey appraisal compared to a property valuer so take the figures with a grain of salt.

I’ve written an article about renovating and how to avoid overcapitalising that may be useful for you.

I’d definitely just have a chat with a real estate agent to determine potential value post renovations. Keep in mind they will always give a rosey appraisal compared to a property valuer so take the figures with a grain of salt.

I’ve written an article about renovating and how to avoid overcapitalising that my be useful for you.

Hey Cathe,

Where abouts in Cairns/what type of property? CBRE and KnightFrank still hold a large amount of the commercial leasings in Cairns proper – but there are a few indies about.

Here’s an article on how to choose a property manager if you’re interested.