Annerley Subdivision & Renovation

Strategy: 2 into 2 Subdivision and Character House Renovation
Timeframe: 10 months (August 2022 – June 2023)
Acquisition: Purchased pre-market through an agent under a standard contract and delayed settlement
 

This 2 into 2 lot subdivision was acquired pre-market with Connections Property Projects through one of our agent contacts. Settlement is scheduled for November 2022 with consent to lodge a development application to subdivide and slide & raise the house onto one side. The house will be renovated before selling it and the vacant lot, which should be ready, titled and sold by June 2023.