Flip

23 Grace St, Mitchelton

by Dean Berman

This property located at 23 Grace St, Mitchelton was a great buy in my opinion.

Local agent Barry Sherwood of Professionals presented the property in a good light, despite it’s relative age and condition.

The property would make for a fantastic renovation project or flip with it’s sale price at $530,500. The sale price is in line with 10 Grace St, Mitchelton which sold in November 2017 for $525,000.

Located on 607m2 of land in prime walking distance to amenities and 350m walk to Oxford Park train station.

In my opinion, the renovation process will take a few months to complete and cost upwards of $50,000-$100,000.