NSW Condell park duplex

Discussion in 'Where to Buy' started by Mursa01, 8th Jun, 2017.

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  1. Mursa01

    Mursa01 Member

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    what do people think if Condell Park? Thinking of buying a rundown house for $750 build 2 duplex for $750, if they are high spec 4 bed do you think I could get $1.2 each??
    Am I being realistic with figures??
     
  2. Moltzerman

    Moltzerman Well-Known Member

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    You might have competition with builders/investors if it holds duplex development potential. Normally these sites go above the average non-duplex potential house.
     
  3. Mursa01

    Mursa01 Member

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    I agree but have pretty much locked down the buying price I'm just wondering if it's worth investing
     
  4. Scott No Mates

    Scott No Mates Well-Known Member

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    I couldn't find too many examples but here's a recent one

    Address
    Sale Price Sale Date Area
    29 RAILWAY PARADE, CONDELL PARK NSW 2200 $713,000 26/07/2014 651.3 m2
    29 RAILWAY PARADE, CONDELL PARK NSW 2200 $975,000 03/04/2017 350.6 m2 This is one half
    2B ELLIS STREET, CONDELL PARK NSW 2200 $820,000 22/02/2017 302.9 m2 This is the other half

    Others dating back to 2014/2015 were in the high $600's - low $700's
     
  5. einentiva

    einentiva Well-Known Member

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    Maroubra
    ahhh elders. They love their auctions!
     
  6. 27GerardAveCP

    27GerardAveCP New Member

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    24th Sep, 2022
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    Location:
    Sydney
    27 Gerard Avenue Condell Park NSW 2200
     

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