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Be stunned by the size of this house, be stunned by the two developable lots it sits on and be absolutely stunned by the amazing views this property achieves. On offer is a big house in excellent condition, and when we say big we mean BIG! The house comprises of 6 bedrooms, 6 living or dining spaces, 3 car garage plus workshop and storage spaces, 3 bathrooms and a massive roof deck that captures 180 degree views of the city, suburbia and beyond. Underneath the house is 810m2 of land consisting of two lots that could accommodate two very upmarket and highly prized homes. The numbers work for immediate development IF we have faith in breaking suburb records, but would also suit an owner occupier (especially someone with a large family, or who works from home or perhaps has trailers or tools) as well as tenants. Buyers at $2.35m to 2.4m.

Fabulous Opportunity

This is a very large block in a very good location with potential to develop a product that would suit the ideal target market, being upmarket owner occupiers. On offer is a 2150m2 (approx) LMR2 zoned site that currently contains a child care centre. Please note that one condition of sale is that the buyer is NOT allowed to operate a child care centre from the site. It sits in a corner position fronting two relatively quiet streets but with a really short walk to an abundance of shops, cafes, services, frequent buses and a supermarket. At the end of the street and around the corner is a fabulous bikeway, green space, major sports club with bars and restaurants and a bowls club. You can also walk to multiple schools. There’s a few different development options but the one that makes most sense would be townhouses to suit owner occupiers. Assuming for now 12 townhouses is possible (the block shape makes it difficult to determine), our numbers indicate a likely equity gain of about 25%. This is no small deal though, as we’re talking circa $3.5m buy and $11.5m total costs.

Room Boom

Boarding houses obviously aren’t for everyone, but this one combines location, underlying land value and future development potential in addition to the great income you’d hope for, making it a winner for anyone looking to hold for 10yrs plus. The potential rent return as is, is around 9.3% gross, with options to improve the rent through the addition of kitchenettes or ensuites. We’ll need to conduct some enquiries to determine the likely net rent, but our research indicates around 6.1% net (excluding interest and land tax), or $73k pa. It is a product and location that could also see a ‘boom for your rooms’ in respect to demand and rent... the sky is the limit! Buyers at $2.3m.


This is a solid building for a solid long term investment. On offer is a strata-titled brick unit block sitting on 809m2 of highly desirable land. The potential rent return without undertaking work is circa 4.5% gross, which is acceptable but not what makes us keen on this one. As you should know, naturally acquired capital gains is usually directly linked to the land value, and here we have a very high land value underpinning the investment. There’s potential (in the future) to knock down and subdivide into two 405m2 blocks of land. If these were to hit the market today they’d sell for $950k to $1m each. There’s obviously some cost in getting us to that point, but with the potential to have up to $2m in land value at our disposal, sitting long term on a solid unit block achieving a good return is a no brainer when you are buying for $1.9m.


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