$665,000 EQUITY CREATED
For Sale
MELB - CASE STUDY: Small 2 x Townhouse Development
CASE STUDY: Small Development - 2 x Townhouses -Positive cashflow, strong growth & equity creationBuy Build Invest, The Buyers Agent - Case Studies:
We had a Property Investor looking to complete a small development of 2 Townhouses on a site. We need to find the site, obtain the right build & design team and proceed to conclusion. The aim was to create equity in a strong growth location, enjoy strong tax depreciation & have the ability to sell one of the townhouses as so to retain the other with massive equity and chaflow. This is the style of property that they purchased.
Original House site identified, verified with Building & Design - Secured
Duplex Built & Site Costs $1,685,000 - New Value: $2,350,000 - CREATION OF $665,000 IN EQUITY & Rentals Rent $1200 pw
Strata option will increase equity by $685,000
Strong Depreciation - Billions being spent within a small/moderate radius - Quality Infrastructure & Employment
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OVERVIEW
- Listing Number REO190202
- Property Type HOUSE
- Contract Type For Sale
- Price $665,000 EQUITY CREATED
- Location MELBOURNE, VIC
CONTACT
- Schedule Appointment
- SMS Agent
- Contact Agent
- Email A Friend
- Print Brochure
FEATURES
- Site Identified & Secured
- Design & Build 2 x Townhouses
- Creation of Equity
- Sell Down & Retain with Equity