31 Gem Road, Kenmore, Brisbane, Queensland
Another profitable project from the Reid property group.
PROJECT TYPE
Residential Subdivision
Completed designs for subdivision
Project Status
SOLD
Investor Participation
Nil Investors
Residence of Reid family
Approximately 20% Profit
Within 2 Months of Settlement
1 HA Residential Property. Purchased by the Managing Director as his family residence.
In a Joint venture with our own associated entity, plans were developed for the subdivision of a major portion of the site into residential lots. The property was sold in its entirety, with a significant profit to both parties.
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