QLD Everton Park house (IP)?

Discussion in 'Property Analysis' started by Alex123711, 5th Sep, 2019.

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  1. Alex123711

    Alex123711 Well-Known Member

    Joined:
    28th Dec, 2017
    Posts:
    403
    Location:
    Sydney
    Looking for some opinion on this house as an IP

    50 Barrymore Street, Everton Park, Qld 4053

    The block size is good, but since it's under 800sqm subdivision isn't really going to be an option? Also not too familiar with the area and looks to be a lot of units on the street?
     
    Alex123711, 5th Sep, 2019
    #1
  2. Rich2011

    Rich2011 Well-Known Member

    Joined:
    9th Aug, 2015
    Posts:
    1,315
    Location:
    Brisbane
    Odd shaped block and the house needs a lot of work if you want to keep it and find a decent tenant! Asbestos roof and miles of wallpaper to remove!
     
    Rich2011, 22nd Sep, 2019
    #2
  3. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    5,816
    Location:
    Paradise, Brisbane
    Nah, forget about removing the wallpaper.
    • Paint straight over it.
    • Remove the carpet and polish the floorboards.
    • Retro kitchens are bathrooms will be back in fashion any moment now.
    Mould on the ceiling is optional
     
    Angel, 23rd Sep, 2019
    #3
  4. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    5,816
    Location:
    Paradise, Brisbane
    Everton Park has many new units and rebuilds happening. However there are plenty of residents in BrisVegas who like their individual homes on large blocks of land. I am no genius in this field, but I believe that in the future, private blocks will always be highly sort after. The high rises will be along the main road, so any apartments built in this street will be low rises.

    50 BARRYMORE ST, EVERTON PARK


    [​IMG] Details
    Property Number: 371842
    Lot/DP: 109RP72156
    Land Number(s): 10556051
    Description: L.109 RP.72156 PAR KEDRON
    Ward: MCDOWALL
    [​IMG] Status
    CURRENT
    [​IMG] Area
    Area: 739 sq.m
    [​IMG] Applications
    There are no Development Assessment applications against this property
    [​IMG] Zoning
    QPP-LMR2 - LOW MEDIUM DENSITY RESIDENTIAL (2 OR 3 STOREY MIX) ZONE
     
    Angel, 23rd Sep, 2019
    #4