澳洲Australia property Owner rent back | 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


Here's an interesting one $799 - 849K, but if you pay $1m the owner will rent back for 2 years at $1000pw :confused:

http://www.domain.com.au/Property/For-Sale/Apartment/WA/East-Perth/?adid=2007649611  

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LOL, buy it for $700k and tell the owner to either pay $1k per week or get out!  

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twobobsworth said: ↑
Here's an interesting one $799 - 849K, but if you pay $1m the owner will rent back for 2 years at $1000pw :confused:

http://www.domain.com.au/Property/For-Sale/Apartment/WA/East-Perth/?adid=2007649611Click to expand...
Wishful thinking! Pay $1m and receive $104k in rent from owner, or (assuming you want it & you can't get it @ Dave's $700k) pay, say $849k and rent it for two years @4% yeild (trying to be realistic and not knowing the market).

I know which I'd prefer.  

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The ad wording made me feel dirty... :eek:  

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5% return on such a outlay must have a good potential advantages. Dave's offer would be reasonable otherwise perhaps walk away.  

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