This case study highlights Alex's capital works success in Yeronga, which delivered an impressive 220.25% return on cash over 2 years. Purchased in January 2020 for $1,100,000, the property at 29 South Street underwent strategic subdivision and significant improvements before selling in April 2022 for $2,431,000, resulting in a 221% capital growth.Alex's success showcases the potential of value-adding strategies in Brisbane's inner-southern suburbs with large lot sizes. By identifying a property with substantial development potential in a riverside location experiencing strong gentrification, he was able to navigate complex council requirements to subdivide the land while enhancing the existing dwelling, creating multiple revenue streams from a single asset.This investment demonstrates the powerful combination of market knowledge, strategic vision, and effective project management. Alex's ability to identify the highest and best use for the property and execute a complex capital works strategy resulted in an exceptional annualized growth rate of 42.25%. With a total profit of $1,331,000 generated in just two years, this case study illustrates how strategic property selection combined with the right improvement strategy can create exceptional returns when implemented with precision.