Reno Retain Front with Rear Land Subdivision
Brief
Client is looking to buy investment property that gives relatively quick returns. As per Easy Buyer's Agent's promise, the property presented needs to give at least 20% returns.
Strategies
- Renovation and retain front house with rear subdivision and flip
- Renovation and flip
- Land flip
- Land subdivision and flip just the lands
- Land subdivision, build one and flip the land
- Land subdivision, build on both and flip one
- Land subdivision, build on both and flip both
Property Presented
- Size 799sqm with R40 zoning
- Front property can be renovated and retained
- Rear land subdivision
- Asking price $495,000
- Projected revenue: Renovated front $450-500,000. Rear land flip $280-300,000
