You could renovate but you would more than likely knock it down and rebuild. However if you buy for the asking price and it's likely to sell for over $1m and you spend $750k-1m on a build there is a real risk of over capitalising. Median house price for 4 bed houses in North Ryde is currently $1.2m.
One of Sydney’s most trusted real estate advisors, David Turnbull is a highly competent and experienced buyer’s agent with a wealth of knowledge and the skill set to negotiate successful outcomes for his clients. A tertiary educated professional with an extensive career at Macquarie Bank and Grimsey Wealth, David has guided hundreds of clients through the process of buying a home or investment property.
An expert in residential real estate on the North Shore, David has strong relationships with local agents who provide him with preview access to new listings and off-market opportunities for his clients.