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Latest Alerts

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.

Classy


The location of this 920m2 (approx.) subdividable site is quality and as a result deserves the construction of two classy homes. The site has two street frontage with fabulous Northerly views within a lifestyle precinct. Numbers indicate two high end homes (valued at more than $4m each) will gross over $1.6m if profit or approximately 24% equity gain. Note only is it good money, but quite the showpiece to forever be proud of. Buyers at $2.4m.

Hold


Here’s an attractive proposition for those who are interested in holding a large parcel of land with a better than normal income. On offer is 809m2 of LR zoned land with a well maintained 3 bedroom home. The bonus and where the extra income comes from is a modern lowset brick purpose built granny flat also located on the site. They’re currented rented combined to one party, but separately should be able to achieve $1300-1400pw rent. Not bad considering the site also has future subdivision potential. Buyers at $1.65m to $1.7m should call Justin on 0410511535.

 

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