If you pay cash for a car space will it be cashflow positive assuming a vacancy rate of below 5% and market rent achieved?

If you pay cash for a car space will it be cashflow positive assuming a vacancy rate of below 5% and market rent achieved?

If you pay cash for a car space will it be cashflow positive?

Sorry for the late reply.
Thank you for your responses.

Thanks for the advice. I’ll get some legal advice.

Hi Ivan
Can I use my personal name(i.e. as individual) as trustee for the time being while I get a company set up and then switch trustees later from my personal name to that of my newly formed company?
Cheers
Nathan

Catalyst, how did you know?

Jamie M, I'll find out about the fees general and I'll get back to you?

Wilko1, what do you mean owner of the building? All of the units are separately owned by individuals, couples or other entities. Wilko1, am I missing something here?

Thank you Ryan for everything you said. I will be looking into everything you…[Read more]

Ok alfrescodining. I have identified a rough price for what the back block would sell for with a unit on it, and I have also identified an agent that could give me the sold price for a 330 sqm vacant block. How do I find out what I can sell the front block for? The one with the original house and land?
Thanks heaps.

Ah yes. I see it. Thank you very much.

I've come across a property that had DA approval for 3 units on it but now the DA has expired. What should I do?

Thanks wilko1 for the reply. What is a development plan?