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Instant Equity Opportunity in Melbourne

North Melbourne, 16km to CBD

312House

Desktop valuation $730,000
Purchased price $565,000
Purchased when 2024-11-01
Rental price $510
Land size 602m2

This property was purchased on behalf of an interstate investor. Leveraging our strong relationship with the agent, we swiftly secured the property, delivering an impressive immediate equity gain of $165,000 for our client, based on its desktop valuation of $730,000.

Conveniently situated near a train station, this property presents outstanding development potential for townhouses and requires only minimal renovations to make it rental-ready.

Latest update: 12/2024