Redevelopment Site in Melbourne

Sorry, I am not sure if this is right place to post this.

I have a house on land of 1600sqm. The price guide is between $900,000 - $990,000. Actually, the existing house is very big (6 bed rooms, 2 living areas, 2 bathrooms). Imagine that you pay about $700,000 for equivalent house on the land of 600sqm in Nunawading. So, how much does the land of 1000sqm cost you? Is that just $290,000 for the land of 1000sqm? It is so cheap.

This is a very good site for redevelopment of 4 house units or keep the existing house and develop another 2 units at rear on the land of 1600sqm in Nunawading.

I have this house and land to be auctioned on this Saturday at 12:00pm.

So, come and see me at 7 Crest Gr Nunawading on this Saturday at 12:00pm or call Brad 04 1839 4062 /(03) 9878 9700 or email me for for inspection before auction.