WBP Property Group Greville Pabst's biggest success

What has been your biggest investment success?

My greatest success with property investing comes from the purchase of a single fronted Federation brick house in the premier Melbourne suburb Albert Park.

Situated in one of the suburb’s best streets, between the beach and Albert Park Lake the property is situated on some of the city’s most expensive land. I purchased the property for $241,000 in 1995 and today it is estimated to be worth $1.5 million, in unrenovated condition. This represents an estimated compound growth of 10.29% per annum.

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