Hi guys
my friend and I were looking at purchasing a warehouse shell somewhere in inner-city melbourne, possibly residential to subdivide fix up ourselves and sell later on, but initially we were looking placing partitions and creating small studios to rent out. I understand this is very risky but if anyone has any pointers, would be much appreciated.
The other idea i had in mind was to purchase a warehouse shell and possibly make it as a home, but im just unsure as to what i should watch out for prior to purchase.
i find the idea of living in a spacious warehouse alluring but from the point of investment is it a good idea?
Depending upon where the warehouse is located eg inner city, then there would be considerable demand (although entry price will be quite high).
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