House for Sale
- About this property
- Explore The Gap
Million Dollar Location - Lets Talk NumbersProperty ID 1734822Here is a property that seems to be overlooked, and I keep asking myself why?
After taking a step back and really thinking about what is on offer I don't know why this has not been snapped up.
Lets start with the block of land 774m2 of flat usable land in a prestige location surrounded by Million dollar properties.
If the block was vacant It is safe to say we would expect interest in the early $600,000s.
Now lets talk about the improvements - What does is cost to build a 4 bed 3 bath 1 Study multi level property with a pool? $450,000, $500,000, $550,000?
A $100,000 renovation would go a very long way to giving you a premium family home in this Million Dollar location.
-Yes the gardens need a tidy
-Yes the property needs a good clean
-Yes the property is in original condition
-Yes this is keeping the bulk of the market away
Take it all into consideration and YES this really is good buying in the $800,000s
Call me to organise an inspections
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.