Property Type: 4 bed freestanding home
Reason for Purchase: Investment Property
Property Location: Eastern Avenue, Kensington, Eastern Suburbs, Sydney
Buyer’s Scenario
The client was looking to add another property to their portfolio. Their brief was to locate a character property on a large level parcel of land in an established and sought after area.
It needed to be structurally sound, but have the opportunity to add value with a quick cosmetic upgrade to increase the yield. The long term plan was to develop the block to create multiple dwellings to increase the value and yield substantially.
Read more: Kensington Home Buyers