When looking for Investment Properties to purchase, the three golden rules are – location, location, location. The property should be walking distance (fifteen minute maximum) to a train or bus station, people will want to reduce commuting times and have easy access to the CBD. An investment property should also be a short walking distance to lifestyle attractions such as cafes, shops, parks, beaches and any other positive amenities such as shopping centres, restaurants, and bars. Check out a property’s walkability or walk score on walkscore which rates a property on a scale of 1 (car dependent) to 100 (walk everywhere). If the score is less than 75, you should consider another property in a location that is closer to lifestyle amenities.
Posted on: Tue, 17 Sep 2013 00:06:17 +0000
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