QLD Mount Gravatt East

Discussion in 'Where to Buy' started by Sackie, 1st Feb, 2016.

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  1. Sackie

    Sackie Well-Known Member

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    Interesting one, I'll be watching it. I have interests in that whole area so I'd like to see MG new stock stay above 1m if possible at this point in time.
     
    Sackie, 28th Jan, 2018
    #461
  2. Sackie

    Sackie Well-Known Member

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    Sackie, 31st Jan, 2018
    #462
  3. Bran

    Bran Well-Known Member

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    Watching. Still holding two blocks in Mt G East
     
    Bran, 1st Feb, 2018
    #463
  4. samiam

    samiam Well-Known Member

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    Welcome back @Bran. Thought you have retired :p
     
    samiam, 1st Feb, 2018
    #464
    craigc likes this.
  5. Sackie

    Sackie Well-Known Member

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    He's patiently biding his time :)
     
    Sackie, 1st Feb, 2018
    #465
    Bran likes this.
  6. Sackie

    Sackie Well-Known Member

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    Sackie, 13th Feb, 2018
    #466
  7. Sackie

    Sackie Well-Known Member

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    Sackie, 28th Feb, 2018
    #467
    HUGH72 likes this.
  8. JIZ

    JIZ Active Member

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    JIZ, 1st Mar, 2018
    #468
  9. Sackie

    Sackie Well-Known Member

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    Sackie, 1st Mar, 2018
    #469
  10. JIZ

    JIZ Active Member

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    how much will you pay? :D
     
    JIZ, 1st Mar, 2018
    #470
  11. Sackie

    Sackie Well-Known Member

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    I wouldn't buy it. Not my type of asset.
     
    Sackie, 1st Mar, 2018
    #471
  12. JIZ

    JIZ Active Member

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    JIZ, 1st Mar, 2018
    #472
  13. Sackie

    Sackie Well-Known Member

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    Sackie, 1st Mar, 2018
    #473
  14. JIZ

    JIZ Active Member

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    JIZ, 1st Mar, 2018
    #474
    HUGH72 and Sackie like this.
  15. Sackie

    Sackie Well-Known Member

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    Sackie, 1st Mar, 2018
    #475
  16. HUGH72

    HUGH72 Well-Known Member

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    HUGH72, 1st Mar, 2018
    #476
  17. Sackie

    Sackie Well-Known Member

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    Sackie, 7th Apr, 2018
    #477
  18. Sackie

    Sackie Well-Known Member

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    Sackie, 2nd Sep, 2019
    #478
  19. Coxy89

    Coxy89 Well-Known Member

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    Can't tell exactly but looks like two blocks purchased together in 2015 for 890k? Looks a comfortable 500k build, sale prices over 1.2m would be making an ok return but pretty tight. Have had people struggling to hit the 1.4 mark in Camp Hill with similar builds.

    I still think the premium in the inner city spots for purchase is worth it based on sold prices of the new/big renoed stock compared to a little further out
     
    Coxy89, 9th Sep, 2019
    #479
  20. Sackie

    Sackie Well-Known Member

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    I think 1.25 would be a good result for that area. The problem I see is they paid too much for the land. Also the lots are very standard 405 and not bigger. Plus no views of anything'. Those will be challenges for this lot.

    And no pool . Big challenge there.
     
    Sackie, 9th Sep, 2019
    #480
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