It appears that the property could return 12% I'm guessing it does not have a tenant?What town/city are you considering as there is lots of BS by agents floating about?

If you subdivide a block of land, each block that results is registered with a separate title. For capital gains tax (CGT) purposes, the original land parcel is divided into two or more separate assets. Subdividing the land does not result in a CGT event if you retain ownership of the subdivided blocks. Therefore, you do not make a capital gain or…[Read more]

For the serious …lol I'm not sure if this offer below is still valid as I heard the seller had a number of people interested due to the shale oil mining to start in the area.I was interested in the property myself as it has full approval for a concrete batch plant at rear but vendor wanted to only sell the property as a whole. The asking price…[Read more]

shelen I've had some bad experiences with so called building inspectors/engineers, some are just purely using guess work as they will when they inspect the slab.There really is no possible way to determine what is going on with the slab. Im sure an engineer will give you the thumbs down when it comes to putting it in writting just to cover their…[Read more]

Daedalus I live and work in these areas in Bowen Basin you speak about.Nebo has boomed in the last 2 yrs with prices going through the roof.If you had of visited say 5yrs ago if you blinked you would have missed it. But you are right many are staying in the camps and travelling back to MackayI would like to say you are on a winner in Dysart, I…[Read more]