Just received a brochure from Mater Prize Homes where the prize is for 2 properties - 1) a 345m2, 4x2x2 house with pool on the water (canal-front) and 2) a tiny 55m2 1 bedroom in Chippendale, Sydney.
By my calculations, the house is worth about $884,000 and the unit is worth $780,000. $780,000 for a 55m2 1 bedroom unit - WTF!!!
Yes, yes, I know it all comes back to Location, Location, Location, but seriously, is this what buyers are paying to be this close to the city...Geez...I'd take the canal-front any day!! Cause if I win this draw, I get both
By my calculations, the house is worth about $884,000 and the unit is worth $780,000. $780,000 for a 55m2 1 bedroom unit - WTF!!!
Yes, yes, I know it all comes back to Location, Location, Location, but seriously, is this what buyers are paying to be this close to the city...Geez...I'd take the canal-front any day!! Cause if I win this draw, I get both