17/03/2022
PROPERTY ISN'T JUST HIS PROFESSION, IT'S HIS PASSION. Say hi to Michael (➡️). He's the always reliable and foundational bricks here at duo . It also happens to be his birthday today!
All things property occupies 90% of Michael's mind, everyday. Initially starting out as a Civil Engineer, his understanding of construction coupled with his extensive knowledge of the property market, industry, codes, laws and financials unlocks his uncanny ability to see opportunities overlooked by most.
Here's just one example of his mind at work:
*715sqm block in Willoughby that's been for sale for months with an old existing house
*Asking price the same as what it was purchased for 2 years prior
*Front and rear lot access (dual access)
*Zoning allows for duplex on >700sqm (of which only about 6% of Willoughby lots are eligible) however must hold a new duplex for 5 years
*New low rise medium density housing code due to come into effect in 8 months time that will allow a duplex under a CDC without the requirement to hold for 5 years
*Ding, ding, ding!*
Yes, this was the start of The Station back in 2019 and while we are nearing completion, you can be assured there is already a pile of fresh developments being dreamt up by Michael. Even on his birthday.