Howdy
So I received a notice from Brisbane City Council today.
It advises that one of our properties is in an area that may be effected by "long term improvements to the area"
I suspect our property is in the way of a road upgrade and may be bought up.
I believe this is relatively far away in terms of time.
Has anyone been in a similar situation, is the buyout value fair?
Our property is not really comparable to others in the area as it is a unit with 4 bedrooms and 2 bathrooms.
Should I be looking to sell the property now, before this heats up? It is currently in a fantastic location(CG) and comfortably positively geared
Cheers
So I received a notice from Brisbane City Council today.
It advises that one of our properties is in an area that may be effected by "long term improvements to the area"
I suspect our property is in the way of a road upgrade and may be bought up.
I believe this is relatively far away in terms of time.
Has anyone been in a similar situation, is the buyout value fair?
Our property is not really comparable to others in the area as it is a unit with 4 bedrooms and 2 bathrooms.
Should I be looking to sell the property now, before this heats up? It is currently in a fantastic location(CG) and comfortably positively geared
Cheers
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