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3 Bed  •  1 Bath  •  2 Car  •  1012m²

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  • 3
  • 1
  • 2
  • 1012m²

House for sale8 days on Homely

What's around Aldershot

House description

“THE TYPE OF OPPORTUNITY BUILDERS, INVESTORS & PROJECT BUYERS WAIT FOR”

Some buyers will see a fire-damaged property.

The right buyer will see the opportunity.

8 Sapphire Street, Aldershot presents one of the most unique value-add opportunities currently available in the Fraser Coast region.

The existing dwelling has suffered significant fire damage and the property is being sold strictly in its current condition.

However, buyers who understand projects, redevelopment, removal homes, building and value creation will immediately recognise what makes this property different.

This is not simply vacant land.

This is a residential allotment with substantial infrastructure already in place.

The property retains:
Large American-style barn shed
Additional shed
Existing water tanks
Majority of fencing already in place
Existing homesite
Existing residential allotment
Existing power infrastructure present
Existing septic system on site
Level and usable block

Many buyers today are paying substantial sums for vacant land before spending tens of thousands of dollars on sheds, fencing, tanks and site improvements.

Much of that infrastructure already exists here.

The opportunity becomes even more compelling when considering the surrounding market.

Recent residential sales throughout Aldershot have achieved prices well in excess of $500,000, with a number of standard family homes achieving strong sale prices despite being older-style residences.

This creates multiple potential pathways for the next owner:

• Remove the existing dwelling remnants and construct a new home
• Relocate a dwelling onto the site (subject to approvals)
• Create a future investment property
• Establish a workshop and storage base
• Land bank and improve over time
• Secure an affordable entry into the property market

The current owner has made it clear they want the property sold.

We believe many buyers will overlook this opportunity because they focus on the current condition rather than the potential outcome.

The buyers who understand how to create value are likely to see something very different.

Properties where substantial upside can potentially be created are becoming increasingly difficult to find.

We expect strong interest from builders, investors, project buyers, owner-builders, tradespeople and those experienced with removal homes and redevelopment opportunities.

The first serious buyer who understands the numbers may secure an opportunity that others completely miss.

Act quickly.

Opportunities like this do not remain available once the right buyer sees the potential.

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Land details

Area: 1012m²

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