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richmond Have you had a price estimation from any agents as to what the finished product will be worth? And have you considered doing apartments instead? If so why/why not.

Richmond TH's Can I ask how wide each townhouse will be? Also, would you be willing to tell us which part of Richmond you are talking about? Thanks Jim

response Just to answer a few questions. We have previously done larger scale developments using the same bank. The property will be bought with the 3 pre sales already made. I was thinking maybe buy the property at 95% LVR which will leav enough money for a 20% on the building plus...

Hi to all out there. I was after some help. Looking at starting another building project and was wondering how to finance it. Stats are below: Buy price 1mil (land with permits for 10) Build cost 1.1mil (already have build quote) 3 pre sales at $350k each with 10% deposits. (so safely say...

Are you serious? I'd take Middle Park any day of the week. Beaconsfield Pde to be exact.

loan so no chance even though the property is worth much more than the buy price? Aren't I less of a risk this way, than if I was borrowing 90% of the full 1.5m? I can come up with 10% deposit as well as the stamps, but would prefer not to .

Hey there everyone, I was after some advise from some of the more seasoned investors/professionals out there. I am looking at buying a property for $900k, but has been valued by 2 banks (comm bank and st george) at $1.5m. (reason for the cheap price is that the developer has a cash flow...

Kitchens Would anyone know of a similar company over here in Melbourne?

interest free This is how it works. GE actually charge the store a percentage of the sale. For a conventional small scale retail outlet fees are roughly 10% for 12 months interest free, 15% for 24 months and about 17% for 36 months. Larger stores like Harvey's do get better deals, the exact...

cgt Q's Now I understand much better. Thank you very much for that. I really appreciate your help.

cgt Q's So it's roughly $90k + half the subdivision costs + 133k(43% of the initial buy price)? That's over $200k. Can't be right. Can it? I initially just worked out my CGT like this. Overall block is worth about $250k. The subdivided part is 41% of the overall block so cost base is...

cgt Ok. Complete blocks (670m2) are around $250k. Sundivided blocks like mine (280m2) are about $170k.

cgt Q's Ok. But the house I sold was my PPR for 12 months, hence to tax. How do I get the cost base of the land?

CGT Q's Thanks a lot for that answer. I have actually decided to put the block up for sale as is with planning permit. What is the best way to work out a cost base for the land in order to work out CGT costs?

So what does this mean to me? This is the first sub division I have done and am not a builder.

Hi there everyone. Just after some rough estimates if anyone is able to give me any. I have a PPR which I have just subdivided. Now I have sold off the house (settled this week) portion and kept the remaining land (which is 290 sq metres of the original 670sq metres) and am about to start...

How? Why? I have never heard of this. Thanks to all of you for your reply's. The reason I posed this question is because I WILL be selling by the end of next year, so it is in my benefit to have the largest possible cost base.

Hello to all the members out there. I have recently made my first 'development' purchase and am wondering about depreciation schedules. I have purchased a 4 bedroom home on a corner property, which I am in the process of sub dividing and building a new dwelling on the adjoining street...