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Thanks everyone. I had no idea that a block in Westminster would go for $550k plus! I haven't seen a lot sold so didn't really know what it might be worth. I appreciate the advice :)

Hi, new to the forums and interested in your opinions. I know of a block in Westminster coming onto the market soon. 728m? zoned R40. Very standard block for the area, suitable for a triplex development. It currently has an old 3 x 1 house and a large 1 x 1 granny flat. Total rental would be...