Canberra Blog

DOES YOUR RESIDENTIAL PROPERTY HAVE DEVELOPMENT POTENTIAL?

SOLD, SOLD and... SOLD!

In the bustling real estate market of Braddon, one street has recently become the epicenter of a remarkable success story. Last year, Raine & Horne Commercial Canberra succesfully sold 28 Wakefield Street at auction. Our team then helped create a ripple effect in the area which boosted property values for neighbouring owners.

It's no secret that prime real estate in sought-after areas like Braddon always commands attention. Yet, what sets Wakefield Avenue apart is its development potential, a magnet for savvy investors and property developers alike.

Following the swift sale of 28 Wakefield Avenue, we're thrilled to announce the sale of a THIRD neighboring property to the same eager buyer! That's right, three contiguous blocks, seamlessly snapped up by one astute investor, amounting to an impressive $4,060,000!

This remarkable sequence of sales underscores the power of collaboration among neighbors. By pooling resources and aligning visions, property owners can unlock hidden value and elevate the entire community. Whether it's leveraging your property as a lucrative land bank or exploring its development prospects, now is the time to capitalise on the potential of your assets.

Join the success story on Wakefield Avenue and watch your property dreams come to life!

Let our seasoned experts guide you through the intricacies of commercial property investment and development. For a discussion without obligation, contact Raine & Horne Commercial Canberra at 6236 9526 or [email protected].