Seeking advice

Discussion in 'Property Experts' started by johnk, 20th Jun, 2019.

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  1. johnk

    johnk New Member

    Joined:
    20th Jun, 2019
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    Location:
    Brisbane
    Hi,
    I'm a relatively new real estate agent in Brisbane and I have a product of 7 units making up over half a new building available. I would like some advice about whether I should advertise them separately @ $399K or advertise them to the interstate market targeting Superannuation investors @ $3m approx. for the whole lot at about 6% yield. Is this a high enough yield to make this attractive?
    Thank you in advance,
     
    johnk, 20th Jun, 2019
    #1
  2. Trainee

    Trainee Well-Known Member

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    Why not do both?
     
    Trainee, 20th Jun, 2019
    #2
    Michael Mitchell, TMNT, Shazi and 4 others like this.
  3. Trainee

    Trainee Well-Known Member

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    The control aspect is interesting. Is this a developer that couldnt get enough presales?
     
    Trainee, 20th Jun, 2019
    #3
  4. johnk

    johnk New Member

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    It is a developer with a complex of 12. 3 presales and 2 sales since with 7 now available and of those 7, 6 are tenanted.
     
    johnk, 20th Jun, 2019
    #4
  5. Trainee

    Trainee Well-Known Member

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    That makes it hard to sell to oo.
     
    Trainee, 20th Jun, 2019
    #5
  6. johnk

    johnk New Member

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    Location:
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    Every unit has been purchased by investors. Busy location close to Uni and public transport.
     
    johnk, 20th Jun, 2019
    #6