Demand for development land close to the city is unabated, which has triggered more properties being offered for sale, that have the potential for residential conversion.
Warehouses that have sat idle for years are now in the spotlight. Where possible, they are being demolished and the land is used for apartments.
Read more: http://www.smh.com.au/business/property/significant-residential-development-site-announced-in-rosebery-20141002-10osgo.html#ixzz3FPofoHvZ
DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The writer of this article is not a practicing lawyer or financier. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.