Thanks for your contacts and advice Greg, I thought I’d share my reply to our PM with others…..Since a week ago I have learned so much and I have gone off the idea of buying into serviced apartments (off the plan).
I came to the conclusion by reversing the ‘whats in it for me’ credo, to see why the property developers were offering, what seemed…[Read more]

Hi Kay,
I’m so pleased to be able to add something after learning so much from your experience.
I’m unsure of the acre into quarters, however I recently subdivided a 1012sqm into two. The associated costs were: $1200 to have a surveyor do his thing (measuring block, drawing up plans) and submit the plans. $5335 to the Water Corp towards the future…[Read more]

Thanks Kay,
Ive just checked out another forum and read your invaluable advice. My apartment is off the plan due for completion Oct95. 33 apartments piggy backing a beachfront resort complex. Reputable coy owning 60 odd such complexes around Oz and NZ and has defence contract for short term stay. 72sqm with own bathroom/laundry facilities.
prices…[Read more]

Hi All, I’m new to this, am currently devouring Steve Mc’s 0 to 130 properties!
I am also looking into a serviced apartment, mine has a net rental return (no rates, strata fees) of 5% guaranteed for the first ten years then two options of 5. This is my first IP so I am a bit worried about investing into something that my bank, Westpac/Challenge…[Read more]