Originally posted by Craig Pope Mortgages
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To build a 4 bedroom and 2 bedroom for $595k, ie around $375k sounds difficult. In my opinion you would struggle to match this price if you tried to do it yourself. Normal 4 bedroom house would cost around $300k, so $375k isn't too much more. In Hamilton i find that you can buy a new house for less than you could build it, plus the specs are probably better!
Rototuna is generally good, but watch lots of salespeople describe areas wrongly.
The rent does sound a little high. Maybe $450 for 4 bedroom, so leaves $320 for 2 bedroom. Actually, brand new 2 bedroom in good area is probably around $300 or slighly more.
I have had no dealings with Propellor.
Ross
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