Wednesday, March 3, 2010

Transits' 17 house bonanza tender







Tenders close today Friday (Not Wednesday as advertized originally)
There has been a lot of comment made to me on the strategy of putting all on the market at once, rather than in 2 or 3 lots.

It will be very interesting to see what they go for. The dwellings are shells inside but beautifully restored sparing no expense on the structures & exterior. And in great locations, albeit some adjacent to the Bypass.

Interesting to see who buys them , for how much, & what use.

A valuer I asked today how he would put a price on them said "as a completed house, and work backwards to what it will cost to finish them. They will mostly go as houses wont they?"
Many of them are fabulous properties
The 3 Footscray avenue cottages, for example, selling as one lot, are a totally unique opportunity.


I will report back

No comments:

Post a Comment