Property in court location

Discussion in 'What to buy' started by Opi, 3rd May, 2017.

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  1. Opi

    Opi Member

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    just a quick question do properties in quiet court location with triangular big block make good investment. Thanks a lot
     
    Opi, 3rd May, 2017
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  2. D.T.

    D.T. Specialist Property Manager Business Member

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    Depends on what the plans are for the property.

    Its unlikely you'll be able to develop due to the shape of the block.

    But having a quiet street is likely going to appeal to renters.
     
    D.T., 3rd May, 2017
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  3. Opi

    Opi Member

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    Thanks a lot can build two townhouses on the property due to land area 800 sqm
     
    Opi, 3rd May, 2017
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  4. Corey Batt

    Corey Batt Well-Known Member

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    From a personal standpoint most people like a quiet court - I live at the end of a culdesac and it's very appealing not having a million cars go past your house a day.

    I wouldn't pay a premium or focus on this as a factor however - just as a nice extra if comparing against two otherwise identical properties.
     
    Corey Batt, 3rd May, 2017
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  5. Scott No Mates

    Scott No Mates Well-Known Member

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    Lot size is just one of the considerations - does the LEP require a specific width of street frontage?
     
    Scott No Mates, 3rd May, 2017
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