Who knows the area?
My girlfriends mum is buying something like 100 acres or hectares, not sure, but anyway, sale price including GST is something like 20 mill.
To me it seems far fetched, does anyone work in real estate or know what the going prices are around there?
She isnt a Aussie citizen apparently it costs more to buy land for non citizens?
I'm studying property development and property law, I've got uni tomorrow so I'll ask my tutor lol
$20,000,000 for this much
20 Hectares = 200000 Sq M
20 Acres = 80937.12845 Sq M
Then again, my house is approximately
0.064 Hectares = 640 SQ M
0.15815 Acre = 640 Sq M
So that property is around about 1392.14 times the size of mine by my calcs.......I'm also in bed sick doped up on meds so dont take what i say atm for gold lol
Also Caroline springs is in the expected growth corridor where there is a proposal for future transport linkages so its probably a sound investment, is she MILF material?
I'm studying Property Valuations as well as Construction at RMIT and I'll get into and transfer into Property Law after I get my bachelors in these first
^ I am studying construction management but am doing one property subject "property evaluations i think" at Deakin as an elective in the summer... You can do my assignment for me. k thanks!
SELIEN have PM'd you again re this. Made some calls that's why it's taken a while to reply to your last message. To you boys that are studying, if you have questions from time to time feel free to drop me a PM. Have had 30 yrs in land and property development and I am currently GM of residential construction for the BGC group so if your stuck with anything give me a shout.
Thanks mate. Although I'm studying CM, i got a job in civil engineering...been doing for a year and a half. Connections are the most important thing in the industry.
And Aussie E46 drivers in property! HAH! I'm a Salesperson studying Real Estate and Development at uni up here, trying to push into valuation and town planning. Cool!
Maybe they want to build houses on that land.. maybe?
which can be sold.. for money..
Shot gun not working out CGT and that sh1t.. :eeps:
but you're right.. if i had millions to spend id buy the building on the cnr of Collins and Elizabeth in the CBD.. which IS for sale for a lazy few mil!
The new city part they are developing will be a tourist attraction soon enough
They've got quest hotel and a few other things in their strip of shops..
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