The truth about land sales! | when market value = land value | TASSTVMELBOURNE

The truth about land sales! | when market value = land value | TASSTVMELBOURNE

In built up areas like Richmond which are 150 years old and with limited vacant land sales it’s wise to observe sales of properties with derelict buildings or where the improvements add little value.

This property in Richmond is a good example. Comprising curved asbestos on the roof and with no container access the building is functional however it adds very limited value.

The property was passed in but I remain a keen observer of its ultimate selling price.

Tass
Propertybuyer
tass@propertybuyer.com.au
0417808077

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