TOP 10 THINGS TO DO WHEN SELLING YOUR HOME 1. CALL JAMES & CO REAL ESTATE (WE'LL HANDLE THE OTHER 9)

Description

Save time & money with architect plans and Cultural heritage approval ready to go for 3 double storey dwellings. The time invested by my vendor to obtain the Cultural Heritage Plan approval was approx. 3 years and cost nearly $70,000. The cost absorbed by my vendor for Architectural plans for 3 double story dwellings was approx. $20,000.

If you are a developer, enjoy a total saving of $90,000 and time saving of 3 years to get to this stage. While you await final approval you have a steady rental income of $1,400 per month to help with your holding costs with a very stable & accommodating long term tenant on a month-to-month lease who is happy to continue with the new vendor.

Points of interest, the rear townhouse has been designed for reverse living (upstairs kitchen/dining/living) to ensure you maximise your exclusive waterfront view which you own 50% (East side of Merri Creek 15 meters across-as per title) & sweeping views of Merri Creek trail & De Chene Reserve. This rear townhouse is sitting on approx. 500 sqm of land with private waterfront views. Proximity to Coburg market & vibrant Sydney Rd Retail precinct, 15 min to airport and only 7km from the CBD.

EXECUTIVE SUMMARY
-1225 SQM LAND (APPROX.)
-OWNERSHIP 50% OF MERRI CREEK (EAST SIDE SPANNING APPROX 15M ACROSS)
-CULTURAL HERITAGE MGT PLAN APPROVED (COST APPROX $70,000 & 3 YEARS TO APPROVE)
-ARCHIECTURAL PLANS COST $20,000 FOR 3 DOUBLE STOREY DWELLINGS
-CURRENTLY TENATED $1,400 MONTHLY/LONG TERM STABLE MONTH-BY-MONTH TENANT

Due diligence checklist - http://www.consumer.vic.gov.au/duediligencechecklist