
In this episode, Michael Lezaja and CM breaks down CM’s latest “cracker” deal: a 5.6-acre acreage purchase in Brisbane for $850K, where a tired 2-bed house is being transformed into a 4 bed 2 bath with a granny flat and 100 m² shed. With comparable properties being sold for $1.5M-$1.6M, Michael has smashed it out of the park once again, only purchasing this home for $850K with around $200K of renovations. It creates an immediate equity uplift of roughly $300K–$400K
Share this insight with others