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Latest Alerts

Now For Something Completely Different


This is something you don’t see everyday (if ever). The product, the density and the planning framework is all unusual. On offer is 350m2 (approx) of land approved for 6 x townhouses. Yes, you read correctly. They are each a 4 storey walk up townhouse (yes, again you read correctly) but the proposed finishes and ultimately the position means we’re selling to a very specific buyer who will pay big dollars. We’re talking a total development cost exceeding $12m and an equity gain approaching 40%. Buyers at $3m should call Justin on 0410511535.

Halve


We all know how difficult it is to source quality splitter blocks, let alone off market ones! On offer is a post-war home to demolish that sits on 2 lots and a total land area of 810m2, ready to be halved through a ‘paper separation’ of titles (i.e. no town planning required to create the two lots!). The property is in an awesome location opposite hectares of parkland and an area achieving high vacant land and new house sales. Numbers are indicating circa $315k equity gain from selling land, or over $1m or 19% equity gain from building houses. Buyers up to $2.2m should call Justin on 0410511535 (we’ll attempt to buy this for $2.15m or less initially).

Next


This is similar to last week’s alert but with some added advantages. This 750m2 (approx.) subdividable lot has a wide frontage, reasonable existing house for those that want to hold, services available and would best suit two new spec homes. The pricing is similar though we’re hoping to pick it up slightly cheaper at $1.15m.  

Window


We have a window of opportunity here to secure this subdividable property in a great location before it hits the open market. This wide frontaged 607m2 lot has the ability to be subdivided into 2 x 300m2+ lots and is in an excellent location for either rooming accommodation or small lot homes. Sitting on the site is a decent sized and liveable 3 bedroom house, suitable for renting or living in, or would benefit from a basic tidy up. We’re the first to admit that the numbers are falling shy of where we’d like to see them, but being upfront, there’s nothing wrong with the price. The suburb is hot and moving forward there will be limited (if any) opportunities at the same price for something that can be turned into two lots. Buyers at $1.2m.

 

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