Bought and leased as it is. Close yet little tucked away from the main street with great future subdivision potential (already checked with council). Already, there have been sub-divisions going around the street and childcare and a dental clinic recently opened on a subdivided block. We checked for 3 townhouses or another medical centre potential (STCA). Our client, who is a first-time investor wanted a good land size and an old home with a potential for future development. This property had come back on the market within a few months of sale and ticked all of our boxes. We bought, settled and leased within a short time without needing any renovations.
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