This small two lot subdivision in Maxwell Ave on Durie Hill is now complete and looking great! Check out the transformation here in our projects page. Lot 1 now features the existing 2 bedroom home with detached double garage still on a spacious 589m2. The subdivision has really detracted little from the market value of the property pre-development, given the rear part of the section was largely unused. With vast improvements to the street appeal, driveway and site fencing we have added a low maintenance rental to our clients portfolio. Recent registered valuation has come back at $522,000 and fetches $490 per week.

Lot 2 is now a 441m2 section that currently has a consented new build approved by council. With a roomy 4m wide ROW access to the section, all services installed and brand new boundary fencing, this new build has the perfect start. It means all the messy underground work has been completed allowing the build team to operate in a tidy and safe site. The rear section alone has a GV of $175,000 however with already completed improvements would likely bring a RV around the $200,000 mark. Most serviced sections of this size and location are being sold around $220-230,000.

Overall a dream result in a great location, watch this space to see the exciting new build we have designed come to fruition!