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Champagne Views on a Beer Budget

This property is at the affordable end of the spectrum not only for the suburb but inner-city Brisbane in general, yet it comes with Champagne quality city views. With a proposed purchase at $630k and a state assessed land value of $580k, this one screams out for a buy and hold for long term growth.

A Change In Circumstance

This couple had every intention fo carrying out this subdivision and renovating, but their circumstances have changed. With a bub on the way and no time now to renovate, they're cutting their losses and moving on. Their loss is your gain! They've already started the subdivision process and whilst the application is now withdrawn, a number of outstanding questions we had have been answered and they've indicated they will supply us with surveys and plans to date. They are not property people, want to move on with their lives, and they want to do so quick smart, hence the asking price that is actually less than they bought the site for. The subdivision will be via an Impact Assessable application, but all signs point to a positive outcome (to be verified during a conditional period). Here is a rare opportunity to retain an existing house (after minor modifications) and create a vacant block of land for about $150k equity gain. The very inner city location also makes it suitable as a simple buy and hold or owner-occupier situation. We've run numbers at full ask of $760k, though in reality we might need to be a touch higher. 


This one is super... a super sized block at 1200m2 (approx), a super development site already approved for 6 dwellings, and a super inner-city location that can only get more super. We are aiming to buy for $1.9m and our numbers indicate an equity gain of 22.5% - not bad given it already has DA and some BA drawings complete, plus the location has good upside.  

A Homecoming with a Twist

This is a homecoming of sorts for me, having previously lived just 100m from this property, a location that I continue to miss to this day. It is, however, a homecoming with a twist, not only being a development site but being a short walk to a soon to be built master planned precinct (including Woolworths, cafes, shops and 5 hectares of parkland) that will make the position even more highly desirable than it already is. The street is a dead-end, super quiet one and the position will most definitely suit owner occupiers who value quality and size, which is good, because that is exactly what our four proposed townhouses suit. It is for sale via tender closing this Friday. We are led to believe they are a little disappointed in the level of interest, which works well for us (if you can believe them!). Our numbers are indicating approximately 24% equity gain at $920k buy. Interested parties should contact Justin on 0410511535.


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