Secure Area...

To view this content, please log in by entering your e-mail address and password below.

E-mail AddressEnter your e-mail address
PasswordEnter your password
Lost Password

 

You cannot access this page because:

  • You are not logged in.

Latest Alerts

Discount


On offer is a bayside multi-faceted property. It is a large house suitable for occupation on a huge block featuring two lots. Similar houses on half the land and only one lot are selling for near what we are looking to pay, so we know we are buying at a significant discount. For this reason it would definitely suit both an owner occupier and a land banker. Collectively, the two lots underneath the house could sell for $200k+ more than we are looking to buy for – 5 bedroom house included! Whilst this doesn’t allow us to buy and immediately sell the land for profit, buying at below land value (especially in this market) is a very good thing. And finally the land is large enough to be subdivided into three lot. This would be our go to strategy, however, it is reliant on stormwater (and possibly sewer) being installed through neighbouring properties. With no guarantees around this we’re not focussing on that as our primary option here. Buyers between $1.25m and $1.3m.

Knock It Over


This extremely well located property contains a house that has seen better days. Some further research is required, but initial research and thinking has us concluding we can likely knock it over. This is great, as the location is mostly character so the ability to demolish and build new is quite uncommon. It is also good news as we don’t believe everyone will share the same viewpoint, and as the house really is quite undesirable for renovating (despite the marketing), it should limit our competition. The property is going to auction, and again we see this as a positive, as it will knock out some competition, and not all buyers will have the ability to complete the same research into the house as we are able to in order to buy at auction. Once removed, we’re building new! A new family home, with the ideal position, should sell is the mow $3m’s, probably nearing mid $3m by the time we’ve finished. Numbers are indicating a 16-21% equity gain. Buyers at under $1.2m should call Justin on 0410511535.

Sneak Peek


We’ve been given the heads up on this block of 4 flats/units that are coming to the market soon. We are short on detail, but based on the information we do have, we like what we see. The flats sit on 607m2 of developable LMR land that has the ability to go to three storeys and achieve city views. One of the main reasons we like this purchase is the proposed price is at or only jut above land value. It is also located in a quiet street in a premium suburb. We don’t know current returns but estimate market rent to equate to about 5% gross. Not bad for a premium location. From a development perspective we should be able to achieve 4 townhouses, and although the numbers aren’t quite acceptable yet, it should be too long before they work and in the meantime you’re achieving reasonable returns in a high growth location. Buyers around $1.75m.

Big


An off market opportunity presents itself with over 3600m2 of LR land for around $3.1m in a popular family suburb. Considering the ‘green’ location and land size, the property is remarkably and largely free from negative overlays, with the only knocks on it being flooding within the street (but we don’t believe this will prevent development) and slope on the block. Mathematically we can achieve 7 lots but 6 x 600m2 lots is more appropriate for the location and in consideration of the slope. At the proposed price we feel this is very affordable and could potentially suit an owner occupier or land banker as well as a developer. After allowing for some considerable costs, our numbers are showing approximately $900k equity gain. Buyers at $3.1m should call Justin on 0410511535.

 

Join our community

Community

Join Our Community

Keep up with the latest developments in the market for established properties in South East Queensland.

 
E-mail Address:
Full Name:
Postcode:
 

© 2025 Investigate Property.

Home   Contact   Disclaimer   Privacy   Sitemap   Web by ChuChi Design. Powered by Oncord.