Property Location: North Bondi, Sydney
Our client was looking for a renovation opportunity in a premium Eastern Suburbs location.
They wanted a North facing rear, walking distance to the beach and a block they could add value to.
We located an opportunity in the beachside suburb in North Bondi and aggressively negotiated to keep purchase costs as low as possible.
Our client was thrilled with the purchase and immediately began planning on how to convert this property into a luxurious beach home.
Purchase Price - $2,225,000
Renovation Cost - $3,000,000
Sale Result - $6,925,000
Rental return before renovation - $900pw
Rental return after renovation - $3500pw
Address: Suite 1512/83 Spring Street Bondi Junction 2022
Postal Address: PO Box 2192 Bondi Junction NSW, 1355
Telephone: 1300 132 970
E-mail: info@searchfindinvest.com.au
