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QLD 'Interesting' Brisbane Listings

Discussion in 'Where to Buy' started by Azazel, 16th Jul, 2015.

  1. Azazel

    Azazel Well-Known Member

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    A rising, warm or HOT! market is probably the best time to off load a different or under-performing or 'challenged' property. So you are more likely to see them start coming out of the wood work at this time.
    Just a light-hearted thread looking at some of the listings that you wouldn't blame them for trying, but once you find the issue, think they might be taking the p*** a little bit.

    Apologies to any Property Chatters if one of their properties is featured ;)
     
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  2. Azazel

    Azazel Well-Known Member

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  3. Hanison

    Hanison Well-Known Member

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    Does that say $520 - $540 per week bordy corp rates ?
     
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  4. HUGH72

    HUGH72 Well-Known Member

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    Must be expected rent but is very poorly worded
     
  5. Azazel

    Azazel Well-Known Member

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    It sure does. Not sure it it's a mistake or not. Ouch.
     
  6. Hanison

    Hanison Well-Known Member

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    Is it possible to have negative yield ?
     
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  7. WinDyz.

    WinDyz. Well-Known Member

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    actually cant be BC fees... Must be rent
     
  8. Hanison

    Hanison Well-Known Member

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    Its got to be right. It says building management in brackets.

    Suicide.
     
  9. WinDyz.

    WinDyz. Well-Known Member

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    that's Crazy 500 per week...........6k per quarter ?
     
  10. Leo2413

    Leo2413 Well-Known Member Premium Member

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    it has 24h reception so I'm not surprised. If its actually BC then..

    Only two types of people would buy this. A rich person who can easily afford it and an idiot.
     
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  11. Azazel

    Azazel Well-Known Member

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    Yep, about $28,000 for the year.
    Imagine someone not noticing that when buying!
     
  12. Azazel

    Azazel Well-Known Member

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    Last edited: 16th Jul, 2015
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  13. Azazel

    Azazel Well-Known Member

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    And just in case anyone has seen that and thought it's so good, you're willing to risk it - good luck getting insurance ;)
     
  14. eng

    eng Well-Known Member

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    Am I reading it correctly? The area was flooded twice - 2011, 1974?
     
  15. Azazel

    Azazel Well-Known Member

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    Spot on! I think were a couple earlier than that too.
    There might be times when it's not considered a big 'flood' as well, I've seen cars floating in the Northey St carpark before. May have been a big king tide I think, came up the creek.
     
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  16. Hanison

    Hanison Well-Known Member

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    Northey St floods in a sun shower.

    Mother in law grew up on northey st until '74 flood came. After that flood they resumed half the houses on the street.
     
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  17. Lambo

    Lambo Member

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  18. HUGH72

    HUGH72 Well-Known Member

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  19. Azazel

    Azazel Well-Known Member

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    Woah! That's a good one.
    Just took a look at the satellite image on Google Maps - crikey.
    The ad has "It Is still 809sqm, so get your town planner and Architect on the line!" I can't imagine council would let much happen there.
     
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  20. HUGH72

    HUGH72 Well-Known Member

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    Might scare off OOs? But some potential for 2 story town houses maybe? Garage underneath, it would require something a little unusual to make to work. It's essentially priced at land value only. Not for me, there's some risk involved but some clever cookie could make money from it probably.