“Hardware Lane warehouse
goes at wholesale price”

67-73 Hardware LaneTHIS IS how The Age (on 9 July) described this recent purchase, which I successfully negotiated for one of my interstate clients.

Managing to reduce a $7.2 million reserve price down to a final figure of $6.4 million … resulted in a saving of almost $1 million.
[Read more…]

Rich Pickings in Richmond!

Front ViewFinding good Investment Property under $1 million and close to the City … is becoming more and more difficult.

But I think I’ve come up with something worthwhile for you.

For the past few months, I have kept in touch with the Developers for a top site in Richmond, near Victoria Street.

And with construction for this Busness Park now just started, they’re allowing me to give my Clients an early shot a buying these Units.

The key thing for you is to have cash flow from “day one” — and I’ve managed to get that covered for you.

[Read more…]

Property Workshop 2008?

All year, people have been pestering me to know when it will be. Well, the date has now been set for Saturday 1 March.

Again, it will be held within the Melbourne CBD — to make it easy for those flying in from interstate and overseas.

The last full-day Workshop turned out to be far too crowded. So, this one will be limited to only 27 people!

And, therefore, it will be on a first-come-first-served basis!
[Read more…]

See How Easily You Can Own a City Investment

You can own a 10th floor office Suite for just $235,000.

If you are looking in the $200,000 to $250,00 price range, and want to move away from residential apartments … this could be what your are after.
[Read more…]

Here’s another Investment Opportunity

The earlier fringe-city Investment Property has been snapped up.

However, our Sales team at GrayJohnson have just listed a compact CBD Office Investment. And I’ve asked if my clients could have “first look” at it — before embarking on any formal advertising campaign.
[Read more…]

The Retail Dilemma

You would have been reading the reports lately about improved consumer sentiment; and retail sales certainly do seem to be on the improve.

But as you look around Australia; there has also been an incredible amount of new retail space come onto the market.
[Read more…]

Interested in a City-Fringe Investment?

Late last week, I was given advance notice of a soon-to-be-finalised tenancy, on a 4-year lease — for a brand-new commercial building.

You’re looking at $644,000 as an asking price. However, I’m sure we can do a bit better than that.

So, if you think this would fit within your portfolio … “let me know”:mailto:[email protected], and I can then provide you with some more details.

If you missed the Property Workshop …

As it turned out, there were quite a few of you who simply couldn’t make it along to the February 24 Property Workshop.

*However, it was all captured for you live on tape.* And we received some very good feedback – confirming just how worthwhile the Workshop proved to be.
[Read more…]

Here’s a good Investment Opportunity

Having survived the unintended barrage of postings last week, I just thought you needed a short break. Anyway something has now come up, which I thought you might wan to hear about.

About 6 weeks ago, I alerted you to an investment opportunity in the CBD. It was a strata office for around $240,000 with good depreciation benefits.

The interest from our eBulletin subscribers was quite amazing. And, during the ensuing fortnight, we had strong enquiry; plus a number of positive inspections … culminating in a rather quick sale.

As it turns out, I now have something similar close to the CBD.
[Read more…]