Recent content by kathyarthur03

Hi Sanj, Thanks. What sort of profit should I be chasing to consider it feasible?

Hi Serendip, I am being rather conservative with my figures. If I was going to use a smaller builder and provide nicer finishes, I am confident that I could reach the $2m+ mark, however given it will be my first one, my preference is to use a volume builder and add abit of bling via nicer...

Hi, I am a newbie and currently deciding whether to proceed with a townhouse development versus a large home purely to sell for profit and then do it again. Townhouses in the suburb I'm looking at sell for $800-$900K and the initial land purchase price is $900K. When I do the numbers, they...

Hi, I am a newbie who is interested in setting up a company with a friend to develop property and then sell for a profit. I am struggling around the accounting side of things and have seen two accountants who haven't been very helpful. The questions I would like answered are as follows: 1)...