About Project

This original Queenslander purchased in one of the best suburbs in Brisbane, Ascot, will deliver an amazing outcome for our client on completion. Purchased off market and completing the deal direct with the owner, our buyers agency worked hard to achieve this result which provides or investor with a very good return on this LMR development site. SItting on 640 sqm on a leafy street in the middle of this lust after suburb only 2km from the CBD, this house will undergo a large renovation, lift and build in below (given it is a pre 1946 house) whilst we will seek an additional approval for two new premium townhouses in the backyard. Once completed it should return around $460,000 net profit and an anticipated net cash flow windfall of around $10,000 per annum (once completed). Once again stay across this exciting new renovation and development.

Project Details
  • Client : Private
  • SKills : Development
  • Service : Buyers Agency
  • Date : Latest
  • Category : Development