Your partner seems not to be convinced so i am asuming there is a risk that you have maybe not disclosed.

Is it 100% guaranteed to return a profit – Well no, nothing is 100%, but it certainly has very good prospects i.e. the numbers stack up.

What are the down sides – There are many untis built and ready to be built. The property has DA for 5 townhouses.

How much money is the out lay and can you afford to hold it long term to get the profits you have caculated. We are looking into an LVR between 90 and 100%, but hopefully lower towards 80. According to the figures it will be slightly negative until developed. We were thinking a 2 year hold before developing

Is there a demand in the local market for profits – Not so for selling t’houses/units, but rentals are in high demand and we are not looking to sell anyways

What is the guarantee on the long term you will make greater profits including holding charges – As mentioned before, research shows a good opportunity for growth and rentals

If you invest in this project will you miss out on other better opportunities because you have locked your money up. – [i]Possibly true, but the property I believe has a lot going for it and a lot of potential.[/i]“profits are better than wages”

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