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  • Profile photo of freestonefreestone
    Member
    @freestone
    Join Date: 2004
    Post Count: 7
    August 8, 2006 - 7:58 am

    Thanks Cameron, Paul & Richard for the words of support.
    The only reason for selling the two properties on the fixed rate is that they may rise significantly once the new $1.4b pulp mill is finally approved. While there will be a big jump in population and a hugh need for accommodation during construction – after construction the employment increase will be minimal and prices will probably drop back to current levels.
    Thanks again guys.
    Nigel

    boatie

    Profile photo of freestonefreestone
    Member
    @freestone
    Join Date: 2004
    Post Count: 7
    May 21, 2005 - 11:44 pm

    thanks for the info resiwealth and shaztaz I’ll try them both. I can see your logic dazzling but it can’t hurt to try? The properties should be worth around $180-$200k once renovated.

    boatie

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