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  • Profile photo of btdunstanbtdunstan
    Participant
    @btdunstan
    Join Date: 2014
    Post Count: 2

    Hi guys was looking in this area for development potential.

    This is a new listing and in my price range, any feedback?

    http://www.realestate.com.au/property-house-wa-marangaroo-117539223#_

    Close to Wanneroo rd, proposed r40, big block etc.

    Have booked a private viewing for tomorrow, will be my first property purchase.

    Thanks guys!!

    Profile photo of btdunstanbtdunstan
    Participant
    @btdunstan
    Join Date: 2014
    Post Count: 2
    Profile photo of Hot StuffHot Stuff
    Participant
    @hot-stuff
    Join Date: 2014
    Post Count: 8

    Depends what you want to do with it and when. I’m looking for something similar but with side access (duplex potential). You are paying the R40 price (potentially) so best utilise this potential which in this instance looks like it needs to be demolished to make it a 3 unit site. I’d say its worth $420-$440pw rent, vey small bedrooms and bathroom but could be a good opportunity, good luck!

Viewing 3 posts - 1 through 3 (of 3 total)

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