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  • Profile photo of hadomanhadoman
    Member
    @hadoman
    Join Date: 2012
    Post Count: 4
    August 20, 2012 - 10:51 am

    Thanks for the info Matthew.

    I wasn't too sure if Councils would be willing to assist.

    Taking your advice I will certainly speak with the Council if I ever find the right property.

    Thanks mate.

    Colin

    Profile photo of hadomanhadoman
    Member
    @hadoman
    Join Date: 2012
    Post Count: 4
    August 20, 2012 - 10:48 am
    TheFinanceShop wrote:
    Hi Colin,

    I had a buyer purchase a brick house close to the station at MD for $312,000. The block was about 500sqm. The rental return is $360 per week. 

    Regards

    Shahin

    Sounds like a good deal Shahin. Just wondering what sort of service you offer as you mention you had a buyer purchase a brick house.

    Colin

    Profile photo of hadomanhadoman
    Member
    @hadoman
    Join Date: 2012
    Post Count: 4
    August 20, 2012 - 12:11 am

    Hello Shahin.

    Thanks for the info.

    I live close to Mt Druitt so I have been keeping an eye out for a reasonable property which is suitable to hold a Granny Flat.

    I understand your point about investment (House Purchase + Granny Flat) not always matching Lender evaluation. I'm looking for a 5-10 year investment which has the potential to deliver good rental returns, hence the Granny Flat idea.

    Have a great day and I love all the helpful info this forum has to offer.

    Colin

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