May be an oportunity for someone in Perth.
This Saturday 22 Aug at 1pm there is an auction at
39 Windsor Rd Perth.
it consists of an 1000sqm site and the 550odd sqm site immediately behind - all zoned R60.
situated right between ME Stadium and East Perth Train Station.
so what i hear you ask?
well, i drew the original DA for 7 units - all single storeys.
HOWEVER
i'm DAMN certain it's an 8 unit site with 2 storey units if you amalgamate both sites. see lot 202 pdf attached,
i have a contact in Perth Precast to help out with some cool inner city designs because, after all, we ARE talking a 6000 postcode here
i even know the reserve - $1.8mil.
might be a good propertunity for someone. i honestly believe you could get $650k for a complete unit, and with a $1.8mil land purchase, i reckon there's a solid $1mil profit/equity in it immediately.
This Saturday 22 Aug at 1pm there is an auction at
39 Windsor Rd Perth.
it consists of an 1000sqm site and the 550odd sqm site immediately behind - all zoned R60.
situated right between ME Stadium and East Perth Train Station.
so what i hear you ask?
well, i drew the original DA for 7 units - all single storeys.
HOWEVER
i'm DAMN certain it's an 8 unit site with 2 storey units if you amalgamate both sites. see lot 202 pdf attached,
i have a contact in Perth Precast to help out with some cool inner city designs because, after all, we ARE talking a 6000 postcode here
i even know the reserve - $1.8mil.
might be a good propertunity for someone. i honestly believe you could get $650k for a complete unit, and with a $1.8mil land purchase, i reckon there's a solid $1mil profit/equity in it immediately.