That sounds awefully like what we're doing, only the block is a bit over 1400m2, we're getting it for $250,000 and subdividing at least three times.
The capital gaing thing is what you've got to look out for, as I understand it. It ahs the potential to wipe out your profit. That's what we're investigating at the moment, and why we may be waiting a year before doing anything.
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branchandroot
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Date: 2008-01-11 09:21 am (UTC)The capital gaing thing is what you've got to look out for, as I understand it. It ahs the potential to wipe out your profit. That's what we're investigating at the moment, and why we may be waiting a year before doing anything.