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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.

Bang For Your Buck


You’re getting quite a lot here for your $1m outlay... 4 bedrooms with potential to create a 5th with one wall and one door, above average rents, quiet position, 630m2 of land, huge 22m frontage and subdivision potential. On offer is a fairly large lowset home featuring 4 built in bedrooms, two living areas, separate dining, two bathrooms, decent yard and a few sheds thrown in. About the only thing it lacks is a garage. Research suggests potential rent as is of about $740pw. Not bad on a buy price of $1m with potential in increase rent or subdivide in the future – that’s bang for your buck! Buyers at $1m.

Stack It


Thanks to the neighbouring developments it should be possible to stack this one a little higher than the rules allow, allowing us to potentially create 16 units on 809m2 of land. Despite being on a semi busy road, it is located opposite parkland with a fabulous Northerly aspect and is in a highly convenient and well serviced position, within a high quality suburb. Utilising the slope and mirroring the neighbours it should be possible to develop to 5 storeys and achieve 16 units. Our numbers indicate approximately 39% equity gain. Buyers around $1.95m should call Justin on 0410511535.

 

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