Buying the whole block is a popular strategy for self managed super fund buyers, land bankers and those looking to add value through renovation and/or strata titling.
This was a recent off market opportunity of four units on one title we had early access to.
When you control the whole block there are a number of appealing strategies and benefits to add spice to a basic buy and hold approach.
These include:
- Renovating all units or individually or together as opportunity permits to raise rents
- Strata titling to sell individually
- Extra development depending on zoning permissions
- Controlling the Body Corporate direction
- Twists with commercial usage of the land
We regularly have high quality off market investment opportunities, we post a few of these to our newsletter so it’s worth a little bit of your reading time if you are interested in buying quality property.
