North St, Newmarket
Description
Approximately 540m2 of LMR land in a quiet street with existing Queenslander in great condition.
Strategy
Combine with next door, retain both houses and build units, townhouses or freehold dwellings at the rear.
Purchase Price
$710,000
Client type
Experienced investor
Anticipated outcome / development costs
Client currently exploring options with architect to extract maximum value from the site.
Twist
Amalgamation to extract additional yield from the sites.