Buy & Hold

56 Park Rd, Sydenham

by Dean Berman

A nice 4 bedroom house in Sydney’s Inner West.

Originally purchased for $480,000 in July 2004.

The property had ground floor and first floor alterations and additions approved in 2012.

The cost of the work was $160,500.

These costs can often be lower than the end figure.

Sold for $1,290,000 by Jack McGhee of Ray White.

I like the building facade, interesting wardrobe and fantastic outdoor entertaining area.