eag replied to the topic battle axe blocks. in the forum Value Adding 19 years, 6 months ago
I’ve recently done a bit of work into this kind of block. A couple of agents told me they don’t go for as much as a block with frontage – if you talk to about 5 agents, they will begin to shape your views on what you could/should expect to pay for such a block.
liz
eag replied to the topic Yesterday’s Sydney’s Masterclass in the forum Help Needed! 19 years, 6 months ago
Hi Eliz,
I took from what Steve said, that the best time to sell property is when:
a) it reaches the point at which you’ve decided to sell! By that I think he meant that if you think that the market is going to trend sideways for a while (as lots of people do), and you have made a tidy profit, you might consider selling. An investor doesn’t…[Read more]
eag replied to the topic Subdivision CGT on Profits in the forum Legal & Accounting 19 years, 8 months ago
Thanks for this! I’m sure the guide will help. I note that indeed there is a chapter on subdivision, so I’ve got some reading for this weekend.
eag replied to the topic Advice: Selling subdivided prop – block only in the forum Value Adding 19 years, 8 months ago
Thanks so much for your feedback. Your tips about asking agents what blocks have recently sold for, and being possibly being prepared to accept a slightly lower price will help me get an outcome. Sometimes I succumb to fear that it might all go pear shaped – and I’m determined not to let that happen. Your suggestions have been practical and…[Read more]