14 Bellman Ave, Elizabeth Beach
I really like this project because of it’s location and open plan build.
The 961m2 of land was originally purchased in December 2015 for $225,000.
The 237m2 double storey 4 bedroom, 3 bathroom and five lock up garage house was constructed in 2017 with an estimated construction cost of $262,797.
Sold by Daniel Hochkins of Ray White for $835,000.
Estimated gross profit excluding stamp duty, holding costs and agents commission amount to upwards of $300,000.