NRL mates buy complete development project and buy another

NRL mates buy complete development project and buy another
Joel RobinsonDecember 14, 2017

Having completed their first residential development project together, former Bulldog team mates Josh Reynolds and Michael Lichaa have quickly snapped up another project.

They've paid $2.5 million for a four bedroom Caringbah South knockdown that sits on a large 1,310 sqm parcel, a few doors down from their first dual occupancy project that has recently come up for sale.

Their first purchase was February last year when they spent $1.5 million on a 710 sqm development site on Percival Road.

One of the recently completed homes is a being marketed as a designer dwelling by Greg Gilbert Real Estate agent Greg Gilbert, who has a price guide of $1.95 million to $2.05 million.

Finished with polished concrete floors and custom joinery, the contemporary home has four bedrooms and three bathrooms.

A private west facing courtyard comes with lawns, a deck and an in-ground plunge pool.

Their new $2.5 million purchase is set to be ramp up their efforts. It came with approval for construction of four townhouses with four swimming pools.

The two were good mates at the Bulldogs and it looked like both would be moving on at the end of the season.

Reynolds signed a big four-year contract to the Wests Tigers and Lichaa was released by the club.

Then in an extraordinary turnaround, having said goodbye to the club, Lichaa was handed a new contract a few weeks later, re-signing on a two-year deal.

This article was first published in the Saturday Daily Telegraph.

 

  

 

 

 
 
 

 

 

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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