Sunday, June 20, 2010

Investment block

We put a deposit on a block of land today, as an investment through our business.
As they say in real estate the best time to buy is yesterday and the next best time is today :)

Anyway, this one came back on the market recently because the buyer couldn't get finance so we pretty much snapped it up. It's a big 1493m block in an estate out in a country area of Melbourne, which is about 45 mins from where we live now. It's also where some friends of ours are currently owner building. If it wasn't so far out, I would love to live there as it's a really nice town.

Here's some pics of our block and the estate, the roads are still to be finished in our stage.

Our Block in Stage 5.

Master Plan.

The Estate.


2 comments:

  1. Congratulations guys! That's wonderful news! What a fantastic sized block... maybe somewhere to retire one day?

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  2. Thanks Erin.

    I doubt that we would keep it for that long!! We will probably sell it when the final stage is completed and buy more land somewhere else.
    But Drouin would be a nice area to retire too, although I would most likely return to Qld I think!

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