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  1. Mick C

    My steal of the week. $20,000 cairns unit which vendor paid $113,000 for rent $160pw.

    Poor lady, she probably bought it with cash as well :( You make it sound bad? ahahh kidding... Regards Michael
  2. Mick C

    My steal of the week. $20,000 cairns unit which vendor paid $113,000 for rent $160pw.

    Not one of Nathan's best buy unfortunately... 1.service apartment 2. small, a lot of another unit in the complex has gone on sale for a low price as well 3. im guessing strata is extremely high for the size! 4. high vacancy and rent will be short term ( <3-6month) 5. Management control...
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