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Down the Rabbit Hole


There’s a lot to take in with this property, but when you come out the other end you realise there is quite the opportunity. On offer is over 1200m2 of  CR1 zoned land with three street frontage in a premium suburb. It is already made up of three lots, but they run the wrong way. There’s an old hall that requires retention and this will largely dictate the outcome. Get everything right and we’re talking circa $800k or 28% equity gain from a three lot subdivision. It is worth going down the rabbit hole! Buyers at $2.2m+ should call Justin on 0410511535.

Premium


This 809m2 corner site has a premium address with potential for 4 storeys and 7-8 upmarket units, and when we say upmarket we mean upmarket! We’re talking well over $3m per unit. The site also has other development options but that is the clear winner. Buyers around $5m.

Undecided


There’s so much here… large house, pool, tennis court, garaging, studio and most importantly land. It creates options and makes knowing the next move difficult to choose! On offer is over 2200m2 of land with a lot of extras. Our numbers point towards keeping the house, garaging and pool on about 1000m2, then subdividing off two vacant lots for an equity gain of around $500k, not bad considering there’s no new construction. Buyers around $2.15m.

Oversized


Large house and even larger land! On offer is a 1050m2 block (approx) with around a 26m frontage zoned LR within a short walk of a shopping centre, allowing for subdivision down to 300m2 lots. The house is large, currently featuring 4 bedrooms, study, three living zones and one bathroom. It is in very well maintained condition and we believe can likely be rented immediately for $850pw+. Conversion to a 5 bed, 2 bath home for rent closer to $1000pw is also possible, but let’s face it, it is all about the land! Potential here is for 3 lots, each around 350m2 and with a 8.5m+ frontage. These would suit rooming accommodation, or considering the quiet location it would also suit small lot homes. Equity gain is estimated at around $300-365k. It would have been $425k three months ago. Buyers at $1.7m should call Justin on 0410511535.

 

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