31 Peachtree Pl, Stretton

by Dean Berman

A lovely house on 517m2 of land in Queensland.

Originally purchased for $365,000 in December 2013.

I would estimate construction for a house of this style around $320,000.

Sold for $970,000 by Peter Florentzos of LJ Hooker.

A potential gross profit excluding stamp duty, holding costs and agents commission could exceed $250,000 in the 5 year period.

My favourite features of the house are the wooden floor boards, kitchen and outdoor entertaining area.