An extremely rare development on Queen Street in Alberton. Similar to many of our developments, no one saw the potential. This property went to auction and didn’t sell because people there couldn’t see what could be done with it. We navigated the challenges and created three large 441sqm torrens title blocks and are in the process of building three large character style homes. As one of the conditions of approval, it needed to blend in with the street’s surroundings. An all-round incredible deal.
– Purchase price: $650,000
– Total development costs: $1.57M
– Target re sales: $1.86-$1.95M
- Country: United States
- Property ID 1211