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  1. #29
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    Join Date
    Apr 2008
    Location
    Sth Island. New Zealand.
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    6,452

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    Quote Originally Posted by JBmurc View Post
    the Gore PGG sold at think it was a 7-8% net yield .. in the end I was trying to go for the Tapanui 10-11% net yield ...but not to be ..

    yes Central Otago(southern lakes+central) is booming during the peak season our population would surpass Dunedin's (120k) many thousands
    of sections coming on stream in the near term ...Hanley farm the latest ...doesn't look like the growth here is slowing down
    Thanks. Found your post which says Gore sold at 1.3 mill on rent of 123,000 (according to listing). That looks like 9.5%. I found listing still on trademe.
    Last edited by fungus pudding; 10-06-2016 at 05:24 PM.

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