QLD Bargain splitter in Everton Park ?

Discussion in 'Where to Buy' started by Jeff77, 15th Sep, 2021.

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  1. Jeff77

    Jeff77 New Member

    Joined:
    9th Jul, 2021
    Posts:
    4
    Location:
    brisbane northside
    71 Griffith St, Everton Park, Qld 4053 - Property Details (realestate.com.au)
    Hi All,
    I saw this recent sale of a splitter block in Everton Park and thought it was a bargain given its good location - it is walking distance to Mitchelton train, Everton Park shops/eateries and Kedron Brook bikeway. The house looks post war so could be demolished.

    Griffith St is a fairly busy road, the house seems to be mostly asbestos and the block does have a bus stop directly in front (i think a developer could still split it) but this seemed very cheap to me. FYI my PPOR is a post war cottage on 809m nearby so I have been watching local sales of similar properties.

    Just wondering what others thought ?
     
    Jeff77, 15th Sep, 2021
    #1
  2. Hamish84

    Hamish84 Well-Known Member

    Joined:
    7th Sep, 2021
    Posts:
    678
    Location:
    Melbourne,Vic
    That does look like a bargain. Wondering if demo costs were really high for this property (asbestos?) hence the low sale price….
     
    Hamish84, 15th Sep, 2021
    #2