BMT and Associates, I refer all my clients there, great numbers

be careful with holiday let apartments as the capital gorwth is geared aginst the rent return. So your end gain might not be as substantial as you might intially think.

Can you rent the properties out as normal rentals?

And by the way fantastic is good for a rental property just make sure you upgrade to material on the lounges otherwise they wont last long and you will have to cover them

why dont you look at Townsville or Bundaberg as another option, strong rent retuyrns that you are looking for

Call State Invest Property Services Graeme Grimsey (07) 5546 2440. I send all my clients to Graeme they love him. I have been dealing with him about about two years and he does all areas in the south-east corridor. If you speak to him say Sue Foley gave you the number

What sort of property groups are you looking for, maybe I could help

There are +ve investments out there, however what you have to remember is the investment property is geared aginst your income so if you are not on a high income the property will not gear positive…In theory the rich get richer.

What areas are you looking at in QLD maybe I might be able to help or point you in the right direction

Sue

being an ex-shopping centre and commercial property property like an investment there are ups and downs. More ups I hope.

The most important thing the remember with renegoitating leases get more rent as in commercial your sale price is geared to your return. Utilise rent-free periods and fitout incentives but dont drop the rent.

Depending of what sort of tenant you have blue chip ones are fantastic. If you dont have a tenant the repayments are huge. Unfortunately i dont know much the depreciation is on this type of property.

Remember a bank will only lend you 70% on commercial and the ineterst is about 2% higher than residential so draw out as much equity as possible to use as a deposit that way the money is lent on a residential interest rate.

Be careful about oversupply

You have to be careful of the size of the units and the location. Most people buy storage units with their superannuation money as it provides good rent returns for a small entry level.

There are some with guaranteed rentals going round.

I actually am certified to sell this type of product. So feel free to run it past me [email protected].

Bottom line it runs the same principle as commercial and the CG is geared aginst the rent return

BMT & Associates.

Look at there website they have offices throughout Australia alot of developers use them

Great schedules

Hi Dianne,

I have just much information on Hervey Bay it would probbably bore you.

You can call me on 0419 206 620 Sue or email your mail address [email protected]