Had a phone call out of the blue today with a cash offer on a house. Inner/mid ring Brisbane. It's a good offer. (I've edited details). Reasons to sell: - Ongoing maintenance (wooden house) - Major construction next door may make it hard to get a tenant - Yield likely to fall due to construction, ageing house - Was a PPOR very recently i.e. no CGT - No tax benefits with ongoing negative gearing (I think maybe $5k negative a year) - The house will be the lone stander between one (coming) 3 story development on one established one-story development on the low side - I have no experience to develop it myself. Reasons to keep: - It's a good developable >600m2 block in a suburb that has relatively boomed the last 2-3 years - No available land, only tear downs. - Brisbanes position in the property cycle - No need to sell, no issues with cash flow. - Entry/exit costs to get into the next one - Maybe one day I will do the DA Help? My current strategy was (is) simply to bide some time whilst my attention is on other ventures, lower LVRs with increasing capital (I'm very highly leveraged - like 90%+) and pay down non-deductible debt before purchasing again.