Springers replied to the topic Postivie Cash-Flow Commercial property in Albury Wodonga in the forum Commercial Property 15 years, 3 months ago
Thanks CrestWe've got the other factory tenanted now, so the bank have softened their stance, different manager made a difference too. Was just seeing if I could spark some interest from a different form of advertising.CheersTye
Springers replied to the topic Postivie Cash-Flow Commercial property in Albury Wodonga in the forum Commercial Property 15 years, 9 months ago
Thanks for the feedback guys.Chris the initial sales were from owner occupiers, not investors so it was probably structured a bit different to what you have assumed. But we understand the cap rate is low, particularly when comparing with Sydney and Melbourne properties. However, we (in the sticks) did not experience the huge capital increase i…[Read more]