[] Just having a look through realestate.com.au…. starting from $0 to $200,000.
I had a bit of a laugh []
I was amazed at the number of Cabins, Car parks, beach sheds up for sale….
eg.
MAKE LIFE AT THE BEACH EASIER
$25,000
38 MILLS BEACH MORNINGTON
BY PURCHASING YOUR OWN.
Fully renovated beach box on sought after Mills Beach, including Solar Powered Alarm.
Imagine the lease ad…
—-
“Suit 1 hermit, no windows, one door, water near-by (bucket supplied), heating available (during summer only), ample room (if you dont have furniture) Beach front living, close to transport (your jetski)….. [:0)]
—-
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
Trouble with the wife?
Tired of the dog box?
Well for just $25,000 you can secure a once in a lifetime opportunity and purchase a Fully renovated beach box on sought after Mills Beach, including Solar Powered wife Alarm.
No more smelling like wet dog in the morning wake up to a beatiful sunrise on the beach ready for a new day.
“Travelling female backpacker not supplied”
Love this post []!
Would you believe these ‘boxes’ have gone up in value…and…they are used during Spring/summer.
Wouldn’t mind having one myself []
Nothing like diversifying your portfolio!
Would it be a 80% LVR or a 70%LVR do you think?
We could start a new niche market.. []
Renting out Beach huts in summer !
..”Sick of dragging all your beach junk to the beach ?.. Umbrellas, towels, surf boards, jet skis.. etc.. Now you can store you beach stuff in your own hut !. Need somewhere to stay on those hot summer nights, stay and play all night at the beach … [8D][8D]
The maintenance would be low, but you would have it vacant most of the year, so id suppose it would be best to pay out the loan asap, and just take the seasonal cash for renting it out. [8D][]
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
3 BEDROOM GROSSING 8.1%
$54,000
112 HENRY STREET WERRIS CREEK
3 bedroom home in Werris Creek currently rented at $85/week grossing 8.1%. Good sized rooms, well fenced, new carpet and rental could be increased. Located in ideal spot within walking distance to all facilities. Great opportunity for the investor to secure a good return with scope for capital gain.
I’m not familiar with the area, but doesn’t look like a large block of land. What is the local industry? How strong is the rental market in that area?
It doesn’t meet the 11 second solution, but it does say you could ‘up’ the rent with some cosmetic care. How much could you ‘up’ the rent to, once reno job is done? Would it be for buy and hold, for wrap, L.O etc?
I think I’ll stick to the bathing box…I can just see myself sitting there on the beach with a margaritta in one hand and a book in the other…Oh what a life [][]
[] Just having a look through realestate.com.au…. starting from $0 to $200,000.
I had a bit of a laugh []
I was amazed at the number of Cabins, Car parks, beach sheds up for sale….
eg.
MAKE LIFE AT THE BEACH EASIER
$25,000
38 MILLS BEACH MORNINGTON
BY PURCHASING YOUR OWN.
Fully renovated beach box on sought after Mills Beach, including Solar Powered Alarm.
Imagine the lease ad…
—-
“Suit 1 hermit, no windows, one door, water near-by (bucket supplied), heating available (during summer only), ample room (if you dont have furniture) Beach front living, close to transport (your jetski)….. [:0)]
—-
Regards,
Arty.
[] “Why work to the age where you cant enjoy
what you have worked for !.” (Author: Me)
I must say, that I have noticed the number of caravan/cabins for sale also. I have often wondered how they go IP wise? In particular those which are more of a permanent home type, especially near beach/foreshore areas. Do they make for a good investment? It is getting harder these days for the first home owner for example to own their own home. Also alot of low income earners. Any thoughts?
Work out a deal with a van park sorta as if the van park owner was youre PM. and you rented a spot cheap then he rented a van you bought and put on that site It would be a good way for caravan park owners to acess there equity??? just a thought??
Great investment. it sounds cheap at $25,000. I have seen them sell for over $100,000 in a good area, eg Brighton or Rosebud. I just missed out on one a couple of years ago ‘for free’ I was having breakfast and saw it in the local paper at Dromana and rang it up at 6.15am. It was already gone[]. Too slow.