澳洲Australia property proceeds of sale | Sydney


在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m


i have gotten moderate gains from sale of a property and have about 50k in cash. Should i put that down to buy a mid-level mercedes-benz? or use it elsewhere?  

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You might as well flush it :eek:.

Without any other information, unless you are happy to put your hard-earned profit into a vehicle that will fall in value each and every year, then I would avoid doing so.

But, that's just me :).  

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Yes. Buy a modified Mercedes Benz Sprinter campervan (6yo ones go for about $50k) and lease it at $400/wk. Even with a 25% occupancy rate you're looking at a 10% yield.  

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softmonkey said: ↑
Yes. Buy a modified Mercedes Benz Sprinter campervan (6yo ones go for about $50k) and lease it at $400/wk. Even with a 25% occupancy rate you're looking at a 10% yield.Click to expand...
Actually, no. I was thinking of buying a brand new car. Even 50k wont cover the full price, but with 50k down, i should be ok to get a loan to finance the rest.
Problem is, i dont have much dough on me. So, i might reconsider buying one. I originally thought to get a benz to impress the ladies at the local pub.  

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JDP111 said: ↑
Should i put that down to buy a mid-level ercedes-benz? or use it elsewhere?Click to expand...
Why would you want to own a taxi?  

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surely this guy can't be serious??  

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Hados said: ↑
surely this guy can't be serious??Click to expand...
youre right; i am not serious. I will buy a collection of comic books on ebay for that cash instead.  

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If you buy the right comics and store them properly it could be a worthwhile investment.  

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What a waste of a post.....  

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Ahhhh!! It was a joke post.

Sure..... use it as a deposit and borrow a couple of hundred grand and get something really worthwhile :rolleyes:.

It'll be sure to impress the chicks.  

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You seem quite indecisive, but luckily you have asked your question in an investment forum and anything is possible. Get a 105% loan for the campervan and buy the comics outright. Set up a website at www.theultimatecomiccampervan.com where people can hire your van and go off on long comic reading holidays. You probably should replace any carpets in the van with hard-wearing floating floorboards, and get the comics laminated.  

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JDP111 said: ↑
i have gotten moderate gains from sale of a property and have about 50k in cash. Should i put that down to buy a mid-level mercedes-benz? or use it elsewhere?Click to expand...
I vote for elsewhere.

And well done on getting some amusing reactions.  

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Hookers, beer and smokes.  

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BuildingBlocks said: ↑
Hookers, beer and smokes.Click to expand...
And what would you do in the afternoon?  

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wobbycarly said: ↑
And what would you do in the afternoon?Click to expand...
Well I think that I would need a nap.  

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BuildingBlocks said: ↑
Well I think that I would need a nap.Click to expand...
Nice! :D...  

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BuildingBlocks said: ↑
Hookers, beer and smokes.Click to expand...
i already spend my salary on those things.  

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