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  • Profile photo of MatthewFMatthewF
    Participant
    @matthewf
    Join Date: 2006
    Post Count: 10

    1-7/1 Bundemar St, Warren

    Profile photo of MatthewFMatthewF
    Participant
    @matthewf
    Join Date: 2006
    Post Count: 10

    Thanks very much for your reply Tony. We will Persue.

    Profile photo of MatthewFMatthewF
    Participant
    @matthewf
    Join Date: 2006
    Post Count: 10

    Wow 15% return ! These flats have very low vacancy rates and usually only take a couple of days to lease , if they become vacant. They are currently netting around 28-30k . We have kept the rents low to ensure they are always leased . The beauty of having 7 flats at low rents is that if one or two did happen to become vacant then the others still bring you in a healthy return while the flats are leased .
    Let us know where you can buy at 15% , it would be good to know .

    Profile photo of MatthewFMatthewF
    Participant
    @matthewf
    Join Date: 2006
    Post Count: 10

    Thanks Ethan. We have just found it difficult in the past to find good agents in some regional areas. Might try re.com.au

    Profile photo of MatthewFMatthewF
    Participant
    @matthewf
    Join Date: 2006
    Post Count: 10

    Thanks for you comments. We understand that buyers agents work for buyers not sllers. We are looking at offering our properties to buyers agents to see if they have any clients that our properties may suit. We are in the process now of contacting buyers agents and offering them our properties. We appreciate all feedback.

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