Forum Replies Created
HI J
I’d be interested in an info sheet. I actually live in Darwin, have just finished the book and we are now looking to invest. (book came at just the right time!)
Very nervous about it though have to say……but nothing ventured nothing gained as they say!
cheers
fionaquote:
Hi,I am buying a niche unit in Mitchell St, right in the main drag. Positively geared, 8% net, lessee assumes all operating costs including vacancy, insurance, rates, and body c. NAB guarantee for the first 5 yearts. There were 12 left last I heard. They have commenced construction and completion is scheduled for June next year.
I have the info sheets if anyones interested. I lived in the NT for 7 years and absolutely loved it. mmmm Barra fishing !
Well I think there is a LOT of growth to be realised in Darwin. For a start the Australasia Railway is completed which links Darwin to the rest of Oz, that is predicted to bring 30000 visitors a year to the NT. Theres the 600 Million Waterfront Upgrade right in Darwin which is commencing shortly. The Indo Gas pipeline work has started which means Darwin will be the hub for Asia. Tourism is one of the biggest industries in the NT and the Government has realised how important backpackers are and is injecting time and money to bring and retain there skills to Darwin. Darwin is very Multicultural as anyone who has been there will tell you that. There also building a University, a large Exhibition centre, Tourist Precinct, and theres a proposed Chinatown area.
I think Darwin is set for some descent growth !
Cheers
J
“Success comes from having the proper aim as well as the right ammunition”