Opportunities galore with this one.
Currently has one house on a 2000sqm+ section just a short walk to town. Valuer states that current value is $350k
As per plan attached leave existing home and form 2 new sections, both perfect with garages on South side of property leaving north facing prospect for the new homes when built. Subdivide and build or just subdivide. Easy money for an investor.
The current house on proposed 737sqm section value is $250k
Move the house to back of the section that would allow to subdivide 3 more times with new houses in the front.
Slightly more work, more income as a result.