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CAMP HILL- Splitter Block

Buyers Advocacy-Development

Purpose of Purchase: Development

Property Type: A single Lot of 809msq with ability to subdivide to create two lots of 405msq.

Existing house was rentable whilst waiting for DA approvals

Budget: $1,000,000

Client Brief

How this purchase met the clients brief:
  • Joint Venture Clients desired a well located property suitable for subdivision and furher build of two home.
  • Needed to be a low degree of difficulty for 1st time developers
  • Needed to demonstrate high end value of quaility builds.
  • Desired no less than 15% return on project
Description:

This property was situated in one of the best avenues in the Suburb. As the property was only on a single 809msq lot we needed to do a full subdivision but it was a very clean block so very low degree of difficulty to achieve project outcome.

Because of elevations both new buildings would have potential of City Views.

A great starter project for budding developers.

Contact Us

07 3844 7376