PROJECT 4: LAKEMBA TERRACE
When we first laid our eyes on this property we were filled with excitement, with so much room for improvement we began planning.
With this project we had managed to fully renovate the kitchen and
bathroom, change the floors both downstairs in the living room and upstairs in the bedroom as well as repaint the entire home bringing the total project
costs to $20,000.
- House 4 was bought in 2010 and had a total purchase price of $245,064 which was comprised of $236,000 + Fees of $9,064
- The total project cost $20,000.
- The property sold in 2011 for $298,000
- Property profit $28,446
