Capital growth with development potential

The purchase story

A purchase shaped around a longer-term goal

This doctor was looking for a property with capital-growth potential, and Michael Simms helped secure a house on a 1,000 m² block for $990,000. The appeal extended beyond the existing home: the size of the site also offered a possible pathway to three townhouses in the backyard, subject to planning approvals and feasibility checks. Quantum reports that the property increased in value by $134,000 within three months of purchase. Alongside that reported result, the development potential gave the client another opportunity to explore over time. It was a purchase that connected the immediate property with the longer-term possibilities of the land beneath it.

Considering a similar purchase? Talk with us about the area, the type of property and what you need it to do for you. You can explore our property search, due diligence and negotiation support before getting in touch.