Knock down and Rebuild - Purchase Price: $950,000 with a market value of around $1,150,000 at the time of purchase
950000
650
4 BED 2 BATH 2 CAR
when a client of ours made 200k instantly simply from buying a property
This opportunity only came to my team, we knew we had to close on this fast before it went to the main stream site. We moved fast with out clients and closed this to take a massive 200k upfront profit upon the purchase
IMount Gravatt QLD
Story Behind The Deal An off-market sale due to a divorce situation and the owner didn’t want to bring attention to the divorce by going to market.As a deal today, you could demolish the house and subdivide the block, build 2 houses with views and sell them at auction.Roughly a total cost of 2.2M and a current sell out at 3.1M. Our client intends to wait 2-4 years before doing the project, we will project manage this once the time comes.Fact – Without us this deal would not be impossible to find, execute on and close.