Tuesday, 19 August 2014

AUCKLAND INFLATION

We are negotiating to buy another property in Auckland.

We need it.

It is essential and there really isn't an alternative.

It's pretty small - about 8 square metres.

This is it.



It's going to cost us $48,000.

Yes, you read that $48,000. For a carpark. In the basement below where we live.
Believe it or not this is a good deal as similar parks are going for over $60k in the same area. If we were living down country there are some places where $48,000 could get us a quarter acre and a 140 square metre house!



Maybe we can put a wee shack on it and either rent it out or live in it ourselves.


1 comment:

Richard (of RBB) said...

Looks like there is room for a bed.