Bald Hills Future Development Property

Table of Contents

Stats

Date Purchased

20/01/2017

Purpose

Investment

Purchase Price

$505000

Current Value

$865000

Weekly Rent

$550

Return

5.6%

* Source RDData

Overview

Bald Hills Future Development Property was purchased for a client from Perth, Western Australia. He wanted a property that he could develop in the future to increase its value.  Brisbane Splitter Blocks are getting harder and harder to source or the owners want very high prices for them. In this case, our client from Perth specifically requested a splitter block which he could buy and hold till he was ready to either develop the property or sell it at a profit.

The property we found for him was excellent with dual road access and a good solid 4 bedroom property that had existing tenants. As far as Splitter Blocks go, having dual road access is one of the best features you could ever ask for.

Location

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