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Is vacant land a good investment?

April 26, 2017good Investment land vacant

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Is vacant land a good investment?

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If the land has Development and/or Building Approvals or is in a very good location with development applications in place then land can be a good investment. If it is just a block of land with no approvals or infrastructure then you need to ask yourself “Who is going to buy this block off me when I am ready to sell?”. Vacant Land can be a high risk investment and should be researched before committing to it.