golderneye started the topic Building/Council approval woes – to buy or not?? in the forum Help Needed! 8 years, 4 months ago
Hi All
I’m hoping for some advice regarding purchasing an investment property which has some renovations but council approval has not been sought. The work undertaken is basically changing the garage areas below the house into a kitchen and living space including a media room.
I have also been made aware that a previous building inspection has p…[Read more]
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golderneye replied to the topic What do you think of this proposed investment? in the forum Help Needed! 8 years, 7 months ago
Hi Guys,
Thank you for your thoughts and advice, we have decided to back out, not for reasons mentioned ,more to do with advice from our solicitors regarding the body corp, though I have taken onboard comments regarding improving the property.
Plenty of property about on the Gold Coast at present but I believe most sellers are trying it on with…[Read more] -
golderneye started the topic What do you think of this proposed investment? in the forum Help Needed! 8 years, 7 months ago
hi there, we are new to property investing in the Gold Coast. We are close to buying a brand new 2 bed townhouse in the Burleigh area for $410k; its close to all amenities, schools, transport etc. Apparently we are told the rent would be around $420-$480 (not sure if this is correct?) per week, with total costs being around $430 per week, so…[Read more]
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