Potential development with healthy yield

Type of Property: House

Reason of Purchase: Investment

3 Bathroom Icon1 1

This property is land banking at its best.

These clients wanted to secure a solid long term investment with a conservative budget. From the outset I mentioned that with a bit of luck, we might find something with future development potential. And thats exactly what we did.

With a dwelling that is in great condition for medium to long term site hold, the property offers heaps of future options such as subdivision, or townhouse development just to name a few.

 

Fast Facts

Price: $392,500

Block Size: 673m2 

Bed / Bath / Car: 3 / 1 / 1

Rental: $355-$375 Or around 4.7% – 4.9% Gross

Notes: Well presented house with good long term potential to use the LMR zoning

Purchased by Zoran Solano

Brisbane born and bred, Zoran Solano, has been immersed in property investment since he was a young boy.

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