Bought a Frankston (VIC) IP few years ago, 3Br old weather-board house on a concrete slab. House is very basic but in average living condition, currently rented out.
The house is in a good pocket close to Frankston/FrankstonSouth boundary, few hundred metres from Frankton high school.
The plan is to sell it in 2-3 years.
I have a Reno/Extension Budget 20k-30k, or I can plan subdivision for around 10k.
Just wondering which option attracts better ROI at sell?
Thanks very much
The house is in a good pocket close to Frankston/FrankstonSouth boundary, few hundred metres from Frankton high school.
The plan is to sell it in 2-3 years.
I have a Reno/Extension Budget 20k-30k, or I can plan subdivision for around 10k.
Just wondering which option attracts better ROI at sell?
Thanks very much
Frankston (Sth) IP 3Br 600sqm Extend or Subdivide?
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