This property was settled in February 2019 with capital growth of 20% for the last two years which had the potential to subdivide 1 into 3.
Finally, the purchaser got the approval for the same which further increased the value.
It is located in a corner position in a high capital growth area near Sydney with a big land size of 1265 sqm.
It is a three-bedroom house that has the potential to add value and subdivide. The purchase price was $323,000 with $330 rent per week it’s a perfect positive cashflow, low risk development site to learn development and make money.