I am helping my friend to sell his 1bdr apartment in South Melbourne. This is a large apartment in the high quality building, just across the road from Albert Lake Park.
Somehow I am getting enquiries from owner-buyers only. But they are very precious about having a swimming pool and gym facilities in the building or white caesar stone kitchen bench tops. And they seem don't care that most new apartments are tiny-tiny, don't have a window in the bedroom, or that the bathroom can be accessed through a bedroom only.
When I was looking for my second investment property, I remember, that every mortgage broker, that I spoken to, told me, that I should avoid Sth Melbourne area as it is overdeveloped. But this suburb not in the "overdevelopment risk" list according to http://ift.tt/1x2MkIb .
I am wondering, is it the way we advertised it, that this apartment did not get any investor enquiries or is it South Melbourne itself not very popular with investors?
Are There any Investors in South Melbourne?
Somehow I am getting enquiries from owner-buyers only. But they are very precious about having a swimming pool and gym facilities in the building or white caesar stone kitchen bench tops. And they seem don't care that most new apartments are tiny-tiny, don't have a window in the bedroom, or that the bathroom can be accessed through a bedroom only.
When I was looking for my second investment property, I remember, that every mortgage broker, that I spoken to, told me, that I should avoid Sth Melbourne area as it is overdeveloped. But this suburb not in the "overdevelopment risk" list according to http://ift.tt/1x2MkIb .
I am wondering, is it the way we advertised it, that this apartment did not get any investor enquiries or is it South Melbourne itself not very popular with investors?
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