Hi Aussie investor

I went through Property Showrooms as well. I have been very impressed with them so far. I have now paid my deposit and have been contacted by the developer and a lawyer.From the info they have given me I feel ok about this investment. Like you say it is high risk but worse case is getting your money back with no interest.
The guy from property showrooms told me he had invested in it as well. Not sure if this was just sales talk but he seemed fairly genuine. I have 3 weeks if i change my mind so ket me know if you hear anything else. The thing is sometimes you just have to go for it and take the risk.