The Unicorn Site!
Type of Property: House
Reason of Purchase: Investment3 1 2
This is the Unicorn that everyone wants!
On this corner site, you have the opportunity to keep the house and subdivide the back yard for extra income.
This local investor was on the hunt for an opportunity to invest in a property that provided him some future benefits, be that renovation or development. With this in mind he contacted our market leading investor buyer agents at Hot Property to help him secure his dream investment.
This 888m2 Corner block that we scouted for him has both avenues to explore.
This property was secured Pre-Auction. as the sellers where looking for a clean offer and the scope to lease back the property post settlement. With our buyer being able to offer a clean contract and a 3 month rent back, our offer was considered above others and secured the property for within our budget.
Rental Return: Mid $400’s Per week
Block Size: 888m2
Zoning: Low Density Residential
Distance to CBD: 10km direct line
Potential: Retain the house subdivide back yard off