All Topics / Help Needed! / BOUGHT FROM THE HEART

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  • Profile photo of wawillywawilly
    Member
    @wawilly
    Join Date: 2005
    Post Count: 2

    Hi All

    I have a slight problem, I bought 232 acres, 10kms from Cooma with 3 zonings (rural, small holdings & ecotourism). Now with all the interest rate risers I am having a few minor problems. The council wants environmental reports as well as a lot of paperwork plus my neighbours are slightly green! Has anyone got any ideas of what I could do with the property to turn this situation around from a negative to a positive?

    Cheers Wayne & Annie

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Hi Both

    I am unsure as to the number of titles on the property but have you thought of subdividing and then selling the land out on Vendor terms.

    I have a couple of smaller land projects up in Western Qld which i have sold on Installment terms and they are working well.

    Richard Taylor | Australia's leading private lender

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