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