Deal review: “Breakdown: 2 titles, development opportunity” - Property Inc

Deal review: “Breakdown: 2 titles, development opportunity”

I must admit, many years ago, I used to get sucked into the hype of properties like these. 

Properties like the one below, where the agents have done a good job of selling what could be done to add value. 

I’ve learnt to never pay for potential. In the video deal review below, I’ll show you how I’d approach these properties to make a profit.

Live property link: https://www.realcommercial.com.au/for-sale/property-19-21-23-stephenson-street-cremorne-vic-3121-504565360

IM here: https://drive.google.com/file/d/1EhwCTubeC1nIiD9rfbRUpNeZbhXUoGtx/view?usp=sharing

Some of what I cover: 

  • Why your mindset is so important when going into a new deal  
  • ‘Commercial Two’ zoning and how it can offer so many more possibilities 
  • How to find where the value sits for these 2 buildings 
  • Why you must  only buy at todays value  
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