This is just a block of land, good location, long settlement and ideal for a small lot home. Simples! The land is smaller than standard at 260m2, but given the location even small lots perform well as do the houses on them. Our numbers for a single house build are sitting at around 21% equity gain, which is actually very good for a single house build (alert worthy is about 17.5%) and indicative that the buy price is likely under market value. Buyers at $570k should call Justin on 0410511535.