Darren Kay’s Post

View profile for Darren Kay, graphic

Principal at Belle Property Illawarra

Before you purchase land or property in Wollongong, you need to consider These five key factors... (Note: these will also play a significant role in the listing price). 🏠 Zoning Laws. Understand how a property can be used and what structures can be built or modified. These laws directly impact the property's usability and attractiveness to potential buyers. 🏠 Easements and Covenants. These may grant others the right to use part of the property for specific purposes, such as access roads or utility lines, which can affect your control over development. Covenants might restrict how the property looks or is used, impacting your plans for modifications or enhancements. 🏠 Potential for Expansion. Adding more living space and additional structures or redeveloping the property can significantly increase its appeal and value. Properties that offer these opportunities are more attractive to buyers looking for investment potential or customisation options, driving up demand and price. 🏠 Upcoming Infrastructure Projects. New transportation links, schools, or shopping centres can greatly enhance a property's desirability and value. For example, a new train station nearby can reduce commute times, increasing the property's appeal to working professionals and boosting demand. 🏠 Thorough Investigation. Buyers and sellers must thoroughly investigate these aspects to understand their impact on a property's market value. Making informed decisions is crucial to maximising real estate investments. If you're serious about your next move and need an agent with more than two decades of knowledge in the Illawarra region, call me on 0411 187 768📱 #WollongongProperty #BelleProperty

  • No alternative text description for this image
Jayne Langford

Licensed Real Estate Agent

6mo

Great service!

To view or add a comment, sign in

Explore topics