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Investor Purchase - Perth
Our Client is thrilled with this purchase in Perth which has retain and build potential and also has the possibility of a value add through cosmetic renovation. As the Perth market goes further into its growth cycle we wanted to lower the risk for clients through having subdivision and value add potential.
With the affordable end of the market having seen a lot of growth over the last couple of years we see more value in the properties in the 550K- 650K range which have further growth potential. ⬆⬆
Our client now has 3 options with the site:
✔ Retain existing block and subdivide and build at the back🔥
✔ Subdivide and sell off the land at the back and make money 🔥🔥
✔ Knock down existing block and build 3 properties 🔥🔥🔥
👉 20 mins to CBD
👉 10 mins to the airport
👉 Further growth prospects
👉Strong rental demand
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