Pros & Cons of Student/ Serviced apartments

I would be building hospitals

Only takes 10 days to build and the demand worldwide is growing faster than any other property sector
T

 

Only takes 10 days to build and 20 mins to fall over

 

In that case it will take 20 days to build in brick

And you @TMNT will not be able to blow it down

 

You must work for the government!

 

If you do it you should own the whole land, otherwise too hard to sell.

 

With leverage?

 

Who do you think Lindsay get the capital gains then ?
1: the hotel management.
2: the hotel/building owner.
3: the landowner.
4: the apartment owner.
5: no one as hotels don't go up.
6: no one as land in the CBD and in the popular hotel/holiday/business areas don't go up .
7:the property trust managers who manager the property.

 

Are the Meriton developments typically the type of crap you should look out for?

They're building a lot around Lidcombe and I'm pretty sure half of them will become a service apartment for travellers for concerts and sporting events in Sydney Olympic Park.

 

If they're serviced apartments, then they'll be operated by Meriton and held not sold off.

If they're not Meriton, they'll be FHB fodder.

 

Definitely Merion: Apartments for Sale Lidcombe NSW | The Retreat - Celeste | Meriton

The sales-rep kept suggesting that it was built as a service apartment but now converted to sell-off. Led me to believe that they were doing both with this apartment since it's next to the Accor and Qudos stadium.

 

If they're built as serviced apartments, then you'll find that they're slightly smaller and lacking the storage expected from a long term residence.