Dan & Kellie are builders and want to accumulate a site that they couldeventuallydevelopto build theirportfoliofaster. Their budget allowed them to find a property in a high growth location that could also havethe option ofbeing subdivided into two properties.
About the home buyers’ & their needs
The local Government has just changed the rules for some properties to allow a 600sqm+site to be subdivided. As many owners and agents do not know the new rules, we are able to access these sites atthe price of astandardhouse purchase,without the development upside factored in.
How we helped
- Metropole assisted bybeing able to sourceand negotiate adevelopment siteon their behalf
- Our Buyers Agents were ablefind a site on the market where the agent,nor seller were abletoidentifythe development upside.
- The site is located close to schools, shops and a small walk to local parks and green space.
- They were able to purchase a 726sqm site for $670,000 and spent $15,000 on approval forsubdivision.
- The site would now be worth close to $750,000.
Testimonials
Here’s what some of our clients are saying about us:
As an interstate landlord, I trust Metropole Property Management to look after our Melbourne interests. Their service and communication is first rate.
Thank you very much for your excellent advice and management, now and during the last years when you have been taking care of our property. At all times we felt that all issues had been handled with extreme care and diligence.
Really appreciate the time and walk through with the process and considering that we are in different state, you have made the process really easy. I was really satisfied with the level of the engagement and detail that you have provided. I was also really impressed on how fast you were able to secure a tenant within a day after settlement of the property.
We sincerely thank you and your team for the customer service, which has exceeded our expectations. We will have additional Brisbane properties managed by Metropole in the future, and be sure to recommend your service to others.