Thomas01 replied to the topic Shafston University Mansions in the forum General Property 14 years, 10 months ago
To Brisbane 2010, I think Kangaroo Point and South Brisbane are prime locations to look as they will continue to be popular and there are still a few studios around at under 200K but not many. East Brisbane and Kelvin Grove and Bulimba are good locations as well, but there are very few sub 200K units in these locations. With all due respe…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 14 years, 10 months ago
Hi brisbane 2010.There is always a selection of these apartments for sale as there are 170 units in the building. The minimum buy in price is currently around $150k for the smallest non-balcony units in the building. You might find someone prepared to sell a studio unit with a balcony or courtyard in the $165k to $175k range. The river-fa…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 15 years, 2 months ago
Hi again Auss007. Thanks for the extra points you mentioned as well J900. I did quite a lot of homework before investing in this particular building, so I can answer most questions. I will address them point by point and provide some hopefully worthwhile tips as well! Three of my business associates bought studio apartments in there around two or…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 15 years, 2 months ago
Hi Auss007 Fortunately I happened to be on-line when your request for info came through.I am an investor in Shafston Mansions and can answer your questions with a fair degree of accuracy. I’ve just visited that building myself recently and I have attended the building quite a lot over the years so I know it pretty well. The units are very goo…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 15 years, 2 months ago
Hi Auss007 Fortunately I happened to be on-line when your request for info came through.I am an investor in Shafston Mansions and can answer your questions with a fair degree of accuracy. I’ve just visited that building myself recently and I have attended the building quite a lot over the years so I know it pretty well. The units are very goo…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 15 years, 2 months ago
Hi Auss007 Fortunately I happened to be on-line when your request for info came through.I am an investor in Shafston Mansions and can answer your questions with a fair degree of accuracy. I’ve just visited that building myself recently and I have attended the building quite a lot over the years so I know it pretty well. The units are very goo…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 15 years, 2 months ago
Hi Auss007 Fortunately I happened to be on-line when your request for info came through.I am an investor in Shafston Mansions and can answer your questions with a fair degree of accuracy. I’ve just visited that building myself recently and I have attended the building quite a lot over the years so I know it pretty well. The units are very goo…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 16 years, 9 months ago
Thanks Jon for your further thoughts. There is two perspectives here. It's horses for courses. Obviously the $450k would give an agent a much better commision than would a $150k unit. That point's not in doubt. And yes the Brisbane market movements over the past 6 years has seen strong growth in apartments generally, including studios,…[Read more]
Thomas01 replied to the topic Shafston University Mansions in the forum General Property 16 years, 9 months ago
Hi Jon Thanks for your reply. I am happy to share some more info with you. I’m not an agent. I am a very keen investor and property researcher with more than 20 years experience. I mainly specialize in property investments in South East Queensland. The Shafston Mansions units were sold originally at premium prices in 2000 and 2001 and the p…[Read more]