Hi alfrescodining, I was thinking the same way before but was limited by the window on LHS of entry, this will significantly reduce the living area. Even by reducing the size of the kitchen.

Hi catalyst, that's an excellent idea to create a mock up. Will be removing the existing kitchen soon, will use that to see how it feels with the proposed layout. It's on a slab, so the kitchen plumbing relocation will add up as well. 

What do you guys think about the position of the proposed kitchen at the middle of the living area?

Hi grant, forecasted the changes will add 150 to the weekly rent and without including the depreciation, we looking at 2 -3 years payback, based on rough calculation.

Thanks alfrescodining, i agree with the window bit. The parking shouldnt be a problem the 3 bedder vila has the same number of carspaces.
Hi financeshop, very reluctant to put the bed on the other side as I would sacrifice the only light access to the living area, also its much wider on the other side, so would rather make it as a living area

Hi Richard, Apology I wasn't including one other important information, we are contemplating if we are going to move in to the new  property, and hence the reason for funding the deposit as well as bringing all the MISA funds across. To be honest with you the lending manager at CBA has done a credit check on us on the pre-approval, is this mean I…[Read more]

Qlds007 wrote:
AJ hate to say i dont think you will have any success with NAB wanting to go to 1% discount.They will wheel out the line that they have the lowest standard variable rate and cant do much better than that.In regards to CBA as Jamie has pointed out 1% is par for the course however they will want to X collaterlise all 3 loans which…[Read more]

Thanks Jamie,I'm inviting a NAB mobile lender to drop by sometime next week. Do you by any chance has a broker to recommend in inner melbourne, south area? Thanks heaps.Perhaps the moderator can help clean up the spams CheersAJ

Thanks for your input wisepearl, would be really keen to see how you go with inspection.

Thanks Swampy, I've check the regulations in victoria, from consumers.vic.gov.au, basically it says:"Lot owners in an owners corporation are entitled to renovate or refurbish the interior of their apartment or unit. A lot owner must notify the owners corporation if the renovations require a building or planning permit."Just wondering if anyone has…[Read more]

Thanks heaps for the report Mike.Appreciate it very muchCheersAJ

Thanks heaps. Excellent report.Cheers

Thanks guys, really appreciate it.

Anyone can recommend a good one?

Thanks for asking the question Lena, this is something that i need to know asap as well. As far as i know, there are a “special conditions” in the Contract of Sale, which specify that purchaser has inspected the property prior to the day of sale. Can put a cross on this clause??? and add on my clauses???
And is it required to sign the contract of…[Read more]

Gerry, how much do you charge them?
are you winning with the $10 per week electricity?

Check how water drains away from sinks ie slowly or reasonably. If possible check hot water works.
Thanks Duckie, however can you enlighten me further of what i’m checking here?
Is these things will come up in the building insp. report?

Any thoughts?? anyone???

Thanks for the support guys,
An update today is the agent rang me and letting me knoe that quick settlement is good, but price is not good. and he said that at this point, auction will be happening in a coouple of weeks.

Munno, how many days have you offer your agent? providing this one will go to auction is acouple of weeks.
Cheers

you may be right sargeant, i gave my offer to the agent this morning for 257K and straight away the agent told me that someone offer 260K already. when i mention quick settlement, then he started to get more excited. )
Anyone knows how long normally this kind of negotiation last, do the REA come back to you the next day or…? considering the…[Read more]