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megsaletta
Member
@megsaletta
Join Date: 2007
Post Count: 14
January 7, 2008 - 3:27 am
malquisce wrote:
Hi Jason,
you could give me your email address and i could try send you an e-book for property investing.
My email address is [email protected] Thanks for your help, much appreciated, Jason.
megsaletta
Member
@megsaletta
Join Date: 2007
Post Count: 14
January 4, 2008 - 12:27 pm
Murtuza wrote:
Hi, Za you metioned you read Steves book. What was the name of the book and Steve who? Thanks for your time, Jason,
Hi Guys,
I am completely new to property development. I know the general concepts and idea behind it as I have been reading up a far bit and talking to people. The only property I have purchased to date is my existing home (6 months ago!!).So, you see, I am really green.
My Wife's family has a 2 acre piece of empty land in Cornubia (Logan area) in Queensland. I thought of doing something with it (inspired after reading Steve's book). Any ideas, tips, suggestion, thoughts how to go about doing property development. We have no idea. I though of subdividing it and building townhouses with a child care center. I do know the current zoning is commercial, so I guess i need it to be re-zoned to residential. Or is it better to build commercial property – e.g storage facilities, office buildings, etc. How do i do the maths. Where do i start to see if it is even feasible.
Any advice would be greatly appreciated and highly welcomed.
thanks
Za
megsaletta
Member
@megsaletta
Join Date: 2007
Post Count: 14
November 14, 2007 - 12:43 pm
Dan, Wellington waters got knocked on the head from the Government, but in Octobers Australian Property Magazine it said it is on the go again? The best bet is to ring the Wellington Shire or Gary Powers Real Estate he knows everything down that way. The website is always on and off on the web, the developer is from Melbourne.I have spoken to the developer when his website was up and running, he said the blocks were starting at $250 000 on the man made canals. Thanks Jason.
megsaletta
Member
@megsaletta
Join Date: 2007
Post Count: 14
November 13, 2007 - 10:49 am
We had a block of land in Wilhelm Street, they suggest to buy on the north side of national park rd closer to the lake Victoria rather than the beach side near lake reeve because of the 100 year floods, they have risen the flood zone levels. The council always sprays in summer for mozies, the mozies breed when it rains in the fresh water, they are worse near lake reeve and where there are alot of tea tree, near the lake there not as bad. Sorry last months Australian Property Magazine (OCT) has spread on Loch Sport and surrounding areas. THanks Jason.
megsaletta
Member
@megsaletta
Join Date: 2007
Post Count: 14
November 11, 2007 - 9:51 am
Hi rose, I just sold a block which I purchased 4 years ago for $ 8000 and sold it for $48000. If you buy this months Australian Property Investor magazine it has a special on that area and Loch Sport. They are always talking about extending the marina and building a resort called Wellington waters. It is going to have man made canals,golf course,hotel,etc.They are trying to create another Paynesville. (www.wellingtonwaters.com.au) The town is going to get town water and sewage and most of the people that visit the area are from Melbourne and are into watersports. It is about 30 minutes from Sale which is major town and not far from Golden Beach. The place has alot of potential there are blocks for $200 000 and houses over $500 000 but the thing I don't like about it is the mosquitos. If these developments go through the place will go through the roof. The reason I sold was so I could buy a block in the town I live and build a spec home as I am a builder. Hope I could help, Jason. P.S. ( Where are you from and how did you find out about Loch Sport).The local real estate agent told me people from Mackay Queensland were buying up blocks and investors from Sydney were buying blocks at Golden Beach. Another beach town which has potential is Seaspray and Glomar beach which is near Seasray which are closer to Sale.