A True POSITIONAL GOOD (real estate that is limited in supply & faces ever growing demand)

Ultra Rich people rules on investing are very simple:

1) Do NOT diversify!: (contrary to what most financial advisors would tell you)...extreme wealth is built by putting ALL your eggs into one basket.

2) Invest where there is Room to Boom.

3) illiquid assets (e.g., real estate) make you rich, NOT cash! (contrary to what most financial advisors would tell you)

4) Buy on the Scarborough Absolute Beachfront since each property is a Positional Good!

* 2 Brm Oceanfront Unit

* Large site re-zoned to R80, for future re-development.

* Sales evidence in the strata: $ 755k & $ 722k