The Marrickville Project (2017)
Buyers brief - manufacture equity via renovation, specifically via a significant change of configuration.
The project involved a dilapidated 3 bedroom, 1 bathroom, 1 car space, 164sqm terrace conversion into a 3 bedroom, 2 bathroom and 1 car space.
JZ Real Estate provided the buyers advocacy role.
Result - Purchase price - $1,150,000 New appraisal price - $1,800,000 Rental - $49,400 p.a. Timeframe - 15 months