commercial to residential

  1. 387 Posts.
    looking at maybe purchasing a commercial
    property and changing to a residental .
    with an exsisting 3 bed house behind the shops.
    the front area is shops that could easily be divided
    into 4 units , 3 x 2bed , 1 x1 bed.
    2032m2 block with room to maybe build 3-4
    more units down the track.
    asking under 700k ,thinking 30-40k per unit @
    the front.
    house is at 350 pw and tennanted.
    fishing for your thoughts.

    moose
 
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