Buy, Split & Profit

963

Property ID

Description

This was a buy and flip project in the western suburbs of Adelaide. Very tidy profit for minimal effort.

Strategy: Buy and Subdivide.

-$409,000 purchase price.
-$25,000 sub division cost and $10,000 for demolition.
-After sub division, blocks are worth $280,000 = $560,000.

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  • Country: United States
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  • Property ID 963

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