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Latest Alerts

Steps


Development of this site requires two non-compliances to go your way, and yet, this is the very reason we like it! On offer is 809m2 of land that we want to subdivide. Numbers show about $300k equity gain or 22% is possible, which is exceptional for a 1 into 2 lot subdivision. This one is going to auction and our thinking is the extra steps involved in getting your approval over the line is what will allow you to buy very well. Buyers up to $1.05m.

Tick


This site ticks a lot of boxes. LMR zoned, no character overlays, flood free, quality suburb, quiet street, corner position and over 730m2 of land. Tick, tick, tick, tick, tick, tick and tick! The combination of zone and corner position means there’s a variety of development options available to us, though the one that appears to stand out is subdivision into 4 x 180m2 (approx) lots for small lot houses. Only the subdivision goes to council for a DA, with the houses approved via a certifier. This speeds things up, keeps costs down, and helps you retain your sanity. Our numbers for this option are at about 26%. Five freehold terrace style townhouses also looks attractive, nearing 32% equity gain. Buyers just over $1.8m should call Justin on 0410511535.

Second Bite


This is our second crack at this site, having missed out on it in May 2025. On offer is over 1000m2 of perfectly flat, flood free LR land with a wide frontage and an ability to subdivide into three lots, suitable for lowset homes or rooming accommodation. Sitting on the land is a 4 bed, 2 bath home that would also suit an owner occupier or land banker, with potential rent of $750pw. Buyers at $1.2m should call Justin on 0410511535.

Same


This property is very similar to another property we sent an alert out for earlier in the year in the same suburb. On offer is 800m2+ of LMR land with no character constraints capable of being developed to 4 storeys. It would suit 6 townhouses, 14 units or due to a specific set of circumstances, around 27 rooming accommodation rooms. Our preferred option is the latter, which should achieve between 9 and 10% gross rent return and around 30% equity gain, though the other options are also worth exploring. This is for sale via EOI (closing in 2 days!) and we’re proposing a conditional offer around $1.3m to $1.35m.

 

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