1-12/10-12 Ida Street, Fitzroy North

Advantage Property Consulting has developed a successful group block strategy where we source and negotiate the purchase of whole blocks of boutique un-renovated apartments on behalf of a syndicate of investors and homebuyers. The strategy is designed to add value to the property with all buyers committing to external works. The following property has been sourced for our strategy and is located in Fitzroy North.

Property Description

Boutique block of twelve 1 and 2 bedroom apartments priced from $306,000 - $442,000 each.

Estimated Rental

Estimated rentals from approximately $320 per week (1 bedroom) and $400 per week (2 bedroom) once renovated

External Renovation Contribution and Fee

External renovation and subdivision contribution of $15,000 - $20,000 (approx) for each buyer to add value to the block. Consulting fee for sourcing and negotiating the purchase of these properties is $13,750 (including GST).

For further information on our Group Block purchases and information relating to this property, please contact our office on 03 9883 8900 for a no obligation meeting.

View the Consumer Affairs Victoria Due Diligence Checklist for property buyers.


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