IT'S WORKING
Our leasehold radio promotion (costing me $14,000/month!!!) is getting some real traction with our having sold 15 leasehold suites in the past 4 weeks……and wait for this ……from $132,000 to a whopping leasehold palace at $945,000.
We have even noted Herald Economics writer Brian Fellow and Investment writer Mary Holm mooting that first home buyers may have to consider leasehold apartments as their first option.
(Brian is listening to George FM??!!!).
The promotion (click back to May “Comment”) is over George, The Edge, ZB, Coast and Easy Listening and we have some very smart money now being invested.
Our opinion is that the leasehold pendulum (Yes they’re all using “Pendulum” too) has swung so far against leasehold that they are ridiculously priced – for the moment, and that we are going to promote “Leasehold” until we swing the pendulum back to some sense of order.
If you need to sell right now at least we are going to be able to provide you with 5 bidders rather than one.
And if you don’t need to sell man it out for 18 months and let’s see where we get to.
I am certain that we’ll succeed in talking some sense into this market.
On the other hand, I’m likely to start talking about spring shortly but God loves a trier.
It’s beautiful out there for now.
Have a great June.
Martin
MANAGING DIRECTOR