All Topics / General Property / Sydney Car Parks

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  • Profile photo of jerry123jerry123
    Member
    @jerry123
    Join Date: 2004
    Post Count: 2

    Just looking at Harris St car park in Goldborough building. Car parks aprox $56K.

    Anyone bought these are has a view on the numbers?

    Comments appreciated.

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225

    Where can these be bought?

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    I’ve seen these advertised too (somewhere).

    Just keep in mind, you probably could not borrow for these. You would have to put in $56,000 cash, what sort of return would you be getting? It would probably be similar to putting you money into direct shares or even a ING savings account.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of PhoenixrisingPhoenixrising
    Member
    @phoenixrising
    Join Date: 2002
    Post Count: 58

    The link is

    http://www.newharrisstreetcarpark.com

    Cheers

    Geoff

    “When you can walk on water…take the boat”

    Profile photo of jusmcfjusmcf
    Member
    @jusmcf
    Join Date: 2004
    Post Count: 17

    jerry123 – i have bought two – all the details are on main active forum
    Terryw is wrong again – you can borrow against them – Westpac will do 50% , so too will ANZ

    Profile photo of YorkerYorker
    Member
    @yorker
    Join Date: 2004
    Post Count: 306

    See my response in “Help Needed”

Viewing 6 posts - 1 through 6 (of 6 total)

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