PBG identify properties which have favourable zoning, ie. free land. Research is made through the council to determine its suitability to build future dwellings on the property. By adding additional dwellings, you can add tens of thousands of dollars to the property value; this will also increase the rental return.
Strata Title
6 x 1 bed units,
purchace at $325,000;
Renovations $145,000;
New value $960,000;
Profit $490,000 in 5 months.
Cashflow Positive
Purchase 2 x 2 bed units
on 1 Title $360,000.
Rental return $800 p/w.
