Carrian wrote: ↑

Sun Oct 27, 2024 5:25 pm

What are your accrued costs? I wouldn’t count rent haha

Interest on Loans, Rates, Emergency Levy and Water. That sort of thing.

Carrian wrote: ↑

Thu Oct 24, 2024 10:37 am

2-400k in equity gain in three years, no?

It seems that way, paid 750k (800k+ with accrued costs), 3 RE Agents have valued at 975-1075k. Will get a better idea once I get the keys. We may just flip it as a new build once it's completed.

.... Block of town houses opposite the Nightingale building have been under construction for close to two years, apparently due to a labour shortage, whilst other groups of town houses in the area are going up much quicker. It's been 3 years for me since I signed the contracts, excuse after excuse,...

Will be great for the area, but this still gets to me: I hear ya! it's annoying that they have blinkers on and believe retail is all about food & coffee. I see they have tried to remedy the inability to locate a chemist in the area by offering free delivery from 2 nearby chemists. I guess that ...

Bowden just feels like it’s getting less and less exciting. Shame. I still have a level of excitement for the area when I travel to SA for my build updates. Admittedly I am starting to think the Gasworks development holds the key to whether the area will be a success. Also hopeful in the long term,...

Hopefully they do scrap it and go for more retail/housing

This one is directly opposite the park and is the most important remaining site due to both size and location. Here you can see the prominence of the site https://www.sentinelcorp.com/blog/2023/03/28/sentinel-to-deliver-south-australias-first-institutional-build-to-rent-community/. Once this has a ...

The Brompton Gasworks remediation plan is in. https://plan.sa.gov.au/have_your_say/notified_developments/current_notified_developments/submission?aid=5162 LINK TO PDF https://plan.sa.gov.au/development_application_register/assets/get_document?filename=BromptonGasworksSiteRemediation-4664060.pdf&...

Thanks mate, much appreciated.

I know it's a long shot, but is there anyone local to Bowden that could take some happy snaps for me. Our build is part of the 5 Drayton Street development that has stalled for the better part of 7 months. I'm not getting any correspondence from the builder either having tried multiple times :? As ...

I know it's a long shot, but is there anyone local to Bowden that could take some happy snaps for me. Our build is part of the 5 Drayton Street development that has stalled for the better part of 7 months. I'm not getting any correspondence from the builder either having tried multiple times :? As I...

Thanks for the photos. I've bought one of the Town Houses in the foreground. Living interstate I don't get to see the updates.

Should we have had word now on the Gasworks redevelopment, didn't they say end of July?