Anyone looking for reno/development potential in Hurlestone park?

[esh]

hey guys,

I was looking around at properties in Hurlestone Park and came across this gem.

http://www.domain.com.au/Property/For-Sale/House/NSW/Hurlstone-Park/?adid=2010503041

I wish I could touch this but not even close to be able to afford it i thought I'd share this, as this is where the investors lurk at.

 

[Richard Feynman]

Looks like a tasty offering. Way out of my range too.

I'm very interested in watching what happens in Hurlstone Park (and also Canterbury) in the next few years. I expect the gentrification of Marrickville/Dulwich Hill to bleed into the area.

 

[esh]

Its motivating seeing properties like this though. Kills me not being able to do anything for that one, but I'll get there

 

[Savanna100]

Sounds like a few of you need to form a syndicate .

 

[John_]

not the most level block, what price range?

 

[TMNT]

maybe one of you guys in the know could post a few figures of how much the reno and what to resell at?

 

[Scott No Mates]

The price range won't be ridiculous as the block slopes away from the street and abuts the rail corridor.

The trick will be to subdivide the block and to enter a licence for 'beautification of the rail corridor' with Railcorp for the land behind the property, plant it out and sell the rear block with a great garden area. See the attached.