5 Macfarlan is as good as it gets investment wise.
Position – at this price point is AAA
Property – it’s all in the land – could you rebuild with a cutting edge home? – yes – so the land will go up as it has multiple high end demands. But in the meantime, you can rent it and the home (apart from tight/smaller car only garage) is for what it is (basic home) very good. Yes, higher developments (3 story) are possible on zoning but at this price level that can only enhance and the socio economics of the area and the short distance to bluechips protect the values.
Price – even at a fair bit more this is AAA due to what you can do with it AND what you are paying for (land) and not paying for (house and developer profit).
Best advice – don’t miss it.
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3
Bedroom
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2
Bathroom
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2
Parkings
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305sqm
Land Area
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| Floor Plan | Agent |
Sold - 1:00 PM Jun 18 2022 |
Quote $1,800,000 - $1,960,000 |
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