Hi,

I just thought I'd put in my 2 cents.

I don't know how much demand there will be also as the quest (previous post) seems to be newer and in a better location. Mountain HWY is before the major shopping centre in Wantirna South, Cnr Burwood HWY and Stud Rd. Ask a lot of of questions on this one especially why they are selling. I would also ask about vacancy rates and ask to see any information they have on current bookings. Sometimes overnight accommodation can be booked on better views, away from rd etc not neccessarily in a rotation.  There will probably be a limited amount of control you will have over this IP so if you are cool with all of this look into it further. But hey I like big Blocks.

DWolfe

Comments are of a general nature and may not be relevant to your individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Thanks Richard!

Hi,

If you don't mind me asking

Who are the 95% loans through, one of the Big four? We trying to get our next project going without tying up all our cash in a 10% deposit….. trying to get a residential loan on a 3 unit development is hard work!

Thanks