Kuran St, Chermside
Description
602m2 of MP2 zoned land with rentable house.
Strategy
There are a range of options: Either on-sell as is at market value; get a DA and on-sell or try to amalgamate with other sites.
Purchase Price
$505,000
Client Type
Experienced Investor
Anticipated Outcome / Development Costs
Client immediately on-sold for $650,000.
Twists
Way under market value.