Case Study: Newborough, Victoria
We identified an underperforming property with strong upside potential, purchased it, completed a targeted renovation, and managed the project from acquisition through to sale.
Case Study: Case Study: Newborough, Victoria
We identified an underperforming property with strong upside potential, purchased it, completed a targeted renovation, and managed the project from acquisition through to sale.
Project Summary
Project Summary
- Purchase Price: $370,000
- Renovation & Holding Costs: $112,200
- Total Investment: $482,200
- Sale Price: $570,000
- Project Duration: 10 Months
- Net Profit: $87,800
The Outcome
By carefully selecting the property, controlling renovation costs, and executing a clear exit strategy, the project generated a net profit of $87,800 in just 10 months.
This is an example of how disciplined project management and value-add renovations can unlock equity and maximise returns.
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