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Latest Alerts

Schooled


Use all of your property investment and development know-how to make the most of this impressive development site, located in very close proximity to two highly desirable schools. This 650m2 (approx.) corner LMR site has options, the two clear winners being four townhouses (possibly freehold) or subdivision and two small lot houses. The townhouse option is showing potential for around 31% equity gain and the house option around 21%. This one is going to auction and we’re working on a price of $1.5m.

Versatile


This versatile property is heading to auction, which in our mind is a positive. It offers 607m2 of land with a near 20m frontage in a highly convenient location. It has gentle slope, all services accessible, a liveable house plus granny flat, and at least 4 different options depending on the buyer. Very versatile! Buyers up to $1.4m should call Justin on 0410511535.

Corner


You next development site could be coming up just around the corner! This pre-market opportunity is for a corner 640m2 site suitable for 3-4 townhouses or 3-4 lots (under new rules). Our preference is 3 lots around 210-215m2 each and 3 new four bedroom homes, with numbers indicating circa 27% equity gain. The zoning and corner position opens up multiple opportunities with the new rules coming in. Get on board! Buyers around $1.5m.

Achieve More


This is a neat little project where we should be able to achieve a little more return by putting time into the design. On offer is a house on over 600m2 of land that can be subdivided. We believe we can pick it up for around $1.25m, with research indicating market value is more like $1.35m. Despite this, the numbers won’t work for most buyers out there, but we’ve got an ace up our sleeve. Considering the land size, we believe very few people will think that lowset homes can be achieved on the lots, however, it has a wider than normal frontage and we have taken the time to draw it up. We believe each small lot could accommodate a lowset dwelling – either a rooming accommodation building or family home. Lowset means quicker and cheaper construction and numbers that actually work. Another positive is the house is neat and tidy despite being dated and is located in a quiet and convenient position, making it attractive to occupy or rent for $730-750pw. Buyers around $1.25m should call Justin on 0410511535.

 

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