Limehouse Investing is currently undertaking a number of projects, including:
Project: Renovation and subdivision
Location: Victoria Point, Queensland
An existing house was purchased and cosmetically renovated.
A Development Approval was secured that allowed the rear yard to be subdivided and separately titled. This new lot was sold as vacant land.
The renovated house is currently tenanted and will be sold during 2020.
Timeframe: 18 months
Location: Penguin, Tasmania
This corner block comprised a low-set brick home with a large side yard.
The home was retained and approval granted to subdivide the block into 2 lots.
A buyer for the vacant lot has been secured and the sale will be completed when the new title has been issued.
Timeframe: 6 months