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Most insane rent ever?

By toriness - 15 November 2008 22

Wow, I wish I had some liquid cash to sink into this investment property.

Sensational returns!!

What’s Your opinion?


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22 Responses to
Most insane rent ever?
tylersmayhem 10:29 am 17 Nov 08

Surely this must be a mistake?!

p1 9:39 am 17 Nov 08

Real estate agents and property managers are two separate occupations you know

Within the industry people might think this, but to 99.9% of other people, anyone who deals in residential property (rent or sell) is a real estate agent.

Granny 7:38 am 17 Nov 08

I am sure that the owners will be raising the asking price now they know what they can rent it for.

ant 12:31 am 17 Nov 08

Most novice chefs are pretty happy with a microwave, a toaster and a plug-in jug, so the kitchen is most likely the bathroom bench by the sounds of it. OTOH, buying the unit would be worth it to get a parking spot near the goddam shops, as it’s impossible otherwise.

2604 10:04 pm 16 Nov 08

Joe Canberran said :

All the real estate agents I know earn more dollars that me so they must be doing something right

Not for too much longer, my friend.

Whatsup 7:57 pm 16 Nov 08

Joe Canberran said :

All the real estate agents I know earn more dollars that me so they must be doing something right

Doing something right or earning big dollars ? They can be mutually exclusive you know 🙂

Joe Canberran 6:00 pm 16 Nov 08

All the real estate agents I know earn more dollars that me so they must be doing something right

VYBerlinaV8_the_one_ 5:49 pm 16 Nov 08

Come on, we all know Real Estate agents are not the cleverest people in the world

I agree – this is like picking on a kid from the special ed class.

Jazz 3:58 pm 16 Nov 08

Morgan said :

Come on, we all know Real Estate agents are not the cleverest people in the world

Morgan, this one looks far more like a private rental as an agency would be more inclined to put a landline office number staffed by a receptionist if the particular property manager isnt there.

Real estate agents and property managers are two separate occupations you know

Morgan 9:00 pm 15 Nov 08

Come on, we all know Real Estate agents are not the cleverest people in the world

Whatsup 3:36 pm 15 Nov 08

It does say rental potential… if you found someone that has been indulging in the jacuzzi full of cocaine they might agree to pay that kind of rent.

johnboy 3:14 pm 15 Nov 08

utah said :

Then there is the question of furnishings, what furnishings justify an extra $2.1mil a year???
It has a jacuzzi, that’s full of cocaine.

And bikini models.

utah 3:03 pm 15 Nov 08

Then there is the question of furnishings, what furnishings justify an extra $2.1mil a year???
It has a jacuzzi, that’s full of cocaine.

TroyWilliams 12:43 pm 15 Nov 08

Very tidy investment indeed!

Further evidence of the ACT rental crisis. One can only imagine what the rent for a three-bedroom apartment with a two-car garage would be.

Then there is the question of furnishings, what furnishings justify an extra $2.1mil a year???

2604 12:33 pm 15 Nov 08

A quick, back-of-the envelope calculation tells me that the yield on that place would be in the order of 5400%. Sensational!

He he. Personally, I am thinking of investing in this place: http://www.allhomes.com.au/ah/ah0073?slid=167276296, because “the kitchen will please even the most novice chef”. Quick, someone tell this guy what the word “novice” actually means.

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