Unfortunately it is a sloping block with part bushland and won’t fit more that one house. But this is what makes the site unique… bush at the back and city/ocean views at the front.

Your option is definitely something we have considered. I have done this in the past but the question for us now is is at what point in time do you say no to the renting game. With the kids in school stability becomes an issue and the last thing we want is to have to move out of a rental because the landlord wants to sell it or something.

Thanks all for your comments.

If we get the property we are after I will probably sell my investment property, pay of my non-deductable debt and then begin looking for another investment property when we are settled.

I know all those players of the property game who believe in never selling are probably screaming right now but we believe we are…[Read more]

Thanks Terry,We have seen our settlement agent today and had her review the conditions we were thinking of using. Posting this question on the forum was to get a feel what other people do. I must say how surprised I have been as to how few replies it has had.RegardsPaul

Thanks Scott,I have adjusted the conditions as suggested. The property is currently tennanted and their lease has expired. They are now on some sort of open ended lease. So, should I keep clause 4 in?Subject to building and substructure, internal and external walls, internal and external roof, guttering and downpipes, windows, doors and frames,…[Read more]

Hi again,I have just been searching the forums and I think this will keep me out of trouble. Any comments.Subject to building and substructure, internal and external walls, internal and external roof, guttering and downpipes, windows, doors and frames, ceilings and floor coverings, plumbing, electrical and gas fittings, wet area damp proofing,…[Read more]

Hi all,I am in a very similar situation and I look like using a Unit Trust to put our old PPoR and buy a new PPoR. The catch is the capital gains. So make sure you factor this into your sums. I can recommend a good book if you would like to email me offline. It explains the concept in a very easy way.Paul[email protected]