My partner and I are looking to get into our 1st PI and we are looking to get into lower end of market. After much research and searching, we have our eyes on a property in muswellbrook, 2 k's from main st, post office etc.
From the figures, it presents itself as being a property that will provide us with a positive cash flow result, BUT it is a unit and has strata title.
Due to our lack of experience, we dont have the knowledge as to the advantages (if any) of a strata title unit but realise the extra costs involved.
We like m/brook due to the economic growth and rental demand and very happy with the figures involved.If theres anyone out there who can give us some advise re strata titles and muswellbrook in general, it'd be highly appreciated.
thx ..
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