This property was settled in May 2017 for a positive cashflow property, equity uplift and has the potential to renovate and subdivide.
It is a four-bedroom house located in a high capital growth area with a decent land size of 683 sqm. It was purchased at $299,000 with $400 rent per week which shows positive cashflow.
Immediately after the renovation, the property value increased to $410K and now it’s worth $480K and has also got 3 bedrooms, 2 baths and single garage, subdivision and build approval.