Forum Replies Created

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of sabinahop56sabinahop56
    Member
    @sabinahop56
    Join Date: 2006
    Post Count: 8
    February 14, 2013 - 4:09 am

    Point taken, like your picture.

    Profile photo of sabinahop56sabinahop56
    Member
    @sabinahop56
    Join Date: 2006
    Post Count: 8
    February 14, 2013 - 4:08 am

    Looking at Gunnedah NSW and areas around Browns Plains Qld.

    Profile photo of sabinahop56sabinahop56
    Member
    @sabinahop56
    Join Date: 2006
    Post Count: 8
    February 3, 2006 - 2:04 am

    Hi JTW,
    Yes , our plan is to keep and rent existing dwelling while preparing to subdivide and build which I found can take up to 12 months.

    Profile photo of sabinahop56sabinahop56
    Member
    @sabinahop56
    Join Date: 2006
    Post Count: 8
    February 2, 2006 - 5:02 am

    Thanks Giddo!

    Profile photo of sabinahop56sabinahop56
    Member
    @sabinahop56
    Join Date: 2006
    Post Count: 8
    January 26, 2006 - 3:21 am

    Hi, sorry for not responding earlier, have been waiting on feed back from realestate agent for current sale value of block.
    Block was purchased 2002 for 87,000. It is 775m2 for single dwelling. Located at tarniet (Werribee Vic).It faces a park and is stroll away from river. Selling price $165,000 aprox.
    A 4bdrm 2bthrm study,garage home on the site could fetch $250-$270 rent pw. Would be rented out to company exec, doctors and other hospital staff ect which work in the area. A house could be built for around 160,000 (24- 28 sq.) Land is paid. Have to borrow to build. The rent should cover most of the repayments, to give me positive cf I would need a rental return of $320. Would this work, I don’t mind making up the difference, Is there a better option? [confused2]

Viewing 5 posts - 1 through 5 (of 5 total)