2 car parking spot for sale, Sydney CBD. $ 400,000

[bob10]

A parking space in Sydney's CBD is for sale for $400,000 (http://www.msn.com/en-au/money/homeandproperty/a-parking-space-in-sydneys-cbd-is-for-sale-for-dollar400000/ar-BBBhAqR?li=AA54Gb&ocid=spartandhp)

[trog]

A bit pricy but I know of people who have bought and sold lots like these before. I believe they require a fairly large deposit to secure a mortgage. One way to get into the property market though.

[V8Ian]

A bit pricy but I know of people who have bought and sold lots like these before. I believe they require a fairly large deposit to secure a mortgage. One way to get into the property market though.
You could rent half of it out. :tease:

[trog]

It would be interesting to see what the long and short term rents would be and how they compare to repayments and other outgoings.