04 May 2010 1:43 PM:

I visited Medina 23 this weekend, and met with Steve whom was very helpful, over easter Peninsula tested the rental market on some of the units with a local agent, and the rentals seemed to take off with over 20 bookings being taken in a very short space of time. The reason why there was not more rentals was due to the lack of furniture in other units. I thought this was quite promising.

I went over to check on my unit, which peninsula have now redecorated, and sorted out the render externally.

Landscaping was being undertaken on fairways, and I have been told by Steve that they are landscaping the area at the back of the site.

All lifts / intercoms / and gates are now fully operational.

There was a handful of people at Medina 23 at the weekend.

I believe the rental contracts are 95% complete and will be being issued shortly, I think the market test which peninsula did satisfied them that good occupancy could be achieved.

Also the banks are now looking to release the funds to allow them to start on the next build on Medina 23, so hopefuly things will now start progressing.

As soon as more people start to complete we will finally get a community withour own management responsibilities and will get the development which we envisaged when we initially started the venture.

Community thread: Hallo

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