Finding good Investment Property under $1 million and close to the City … is becoming more and more difficult.

But I think I’ve come up with something worthwhile for you.

For the past few months, I have kept in touch with the Developers for a top site in Richmond, near Victoria Street.

And with construction for this Busness Park now just started, they’re allowing me to give my Clients an early shot a buying these Units.

The key thing for you is to have cash flow from “day one” — and I’ve managed to get that covered for you.

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Last Saturday, The Age ran a good editorial for the Auction this coming Friday of 371 Thompsons Road, North Geelong.

The property has strategic development potential. And the dedicated website sets out 3 Development Options in some detail.

Let’s know if you need any more details.

With all that has occurred recently as a result of the American Sub-Prime crisis … Property Investors are finding it hard to gauge the current market.

Some are preferring to “sit and wait”. Whereas, others are seeing it as an opportunity to secure a good deal … while the present confusion reigns.

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Yesterday’s interest rate increase by The Reserve Bank carries with it some hardship for the outer residential suburbs around Australia.

Curbing inflation is clearly the RBA’s main aim. And from their additional comments yesterday, we now have confirmation that Australia is effectively seen as being shielded from the turmoil in the US.
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You probably saw that the “Full House” notice went up yesterday for the Property Workshop.

But there is provision for you to go onto a Wait List, if you missed out on reserving your seat — because, invariably a few people will drop out between now and March.

PLUS, if you do put yourself on the Wait List BEFORE the end of January … I will still honour the early-bird rate of $797 for a seat.

However, if you wait-list yourself AFTER 30 January … then unfortunately, it will have to be at the full rate of $1,100.

So, make sure you don’t miss out for a second time.

Well, here’s some good news on the next Property Workshop!

Following a barrage of emails from those of you who took off the week before Christmas … you will see that the early-bird registration has been extended until the end of January.

However, I suspect the “Full House” sign will be going up before then. Therefore, if you haven’t already reserved your seat … make your decision now — rather than miss out.

Looking forward to seeing you there.

Chris

I was just checking through the enrolments for the Workshop so far … and it seems that the interstate people are currently outnumbering those from Melbourne … by about 3:1

Last time, local and interstate enrolments were more or less balanced … so let’s try and even that up.

Make sure you enrol now, to secure your pre-Christmas discount.

What you’ll learn at the Workshop …
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Will things really change all that much, now that Australia has wall-to-wall Labor governments across the country?

You’d better believe it!
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All year, people have been pestering me to know when it will be. Well, the date has now been set for Saturday 1 March.

Again, it will be held within the Melbourne CBD — to make it easy for those flying in from interstate and overseas.

The last full-day Workshop turned out to be far too crowded. So, this one will be limited to only 27 people!

And, therefore, it will be on a first-come-first-served basis!
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For what reasons would you accept a Lesser Yield?

Perhaps you intend to occupy the property when the lease expires; or it may adjoin the one you already own. Either way, the initial low rental is really of little importance.

However, not every such sale will have a special value to the purchaser. More often, the reason for accepting an initial low yield will be that …
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