Good Location - in robina
Easy walking distance to shops, restaurants, primary school & bus stops.
Ground level, three bedroom, one bathroom, single lock up garage.
cheap body corp at $67 per week.
No onsite manager
This property has had extensive termite damage to the back wall of the property and some internal walls.
A full builders report and repair quote for $89,654 is available.
Opportunity knocks . . .
The last sale in this complex was back in 2021 for $525,000.
Since then the market prices have gone up and the number of properties available for sale have gone down, forcing prices higher again.
This property (in good condition) could easily be appraised as high as $550,000++
Factoring in the amount of work required, quoted at $89,654 this property is great buying at only …
Offers Over $450,000
Termite damage can seem very scary. But the reality is that the property at 35 years old is due for a full makeover renovation any way and most of the repair work can be done during renovations.
Many times people pay full price, normal market value, and then add a $100k renovation on top of that.
This is your chance to get ahead of the game.
Perhaps its an opportunity to just get into the market at a reasonable price.
To find out inspection details for this weekend, Saturday April 2nd, 2022 … email me.
The Upside ...
This property is still very livable.
The tenants living here are stable, happy to stay and currently paying $470 per week on a 6 month lease.
There is a pre-booked group inspection available this saturday the 2nd of April 2022 at 11:30am
For further details and an invitation to inspect please contact Jim Hart.