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BOUGHT* - $1,487,000
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Mal attended OFI 24/10
30 Greig has good PPPs if you want a project
It needs a major reno at some stage in the future - however this is an area that could take that sort of capitalization. Across the road proves that - if you're putting on a second storey, high quality bathroom and kitchen downstairs - eg dropping the back and replacing - then work your way back from $2.2m with hold costs, profit and build costs and you will then get the value to you on this home in its current form.
Your main competition will be entry level buyers to this great spot - actually you know what, they may probably be priced out - the main competition may well come from the emotion of downsizers or couples or singles who want to put their own stamp on this and are prepared to pay for the privilege .
Great orientation, great rear parking, great location - so you're the boss - work this shell as you see fit.
Additional notes
Bathroom in ok place
Needs a pest and building
Block fronted look
Brilliant rear access
5m wide
Needs work
Good land size
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2
Bedroom
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1
Bathroom
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1
Parkings
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157sqm
Land Area
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| Floor Plan | Agent |
Sold - 12:30 PM Nov 14 2015 |
Quote $1,400,000 |
North Facing |
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Crowd Numbers: 80 people
Bidderman: 4 bidders