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Looks good to me, Without them being bolted down would make them easier to move in the future if you were looking at developing the block when the density/zoning goes up (Should occur around the railway stations)

Have one in Mount Hutton and the other is in Cardiff

Hi Westmister. This property is taking longer than expected. Currently it is ready to be submitted but the accountant suggesting that due to the plan changing from renting to selling move it to a business prior to submitting DA. So should be completing this shortly. In the meantime learnt...

I plan on using equity gained and hire a project manager to be involved to take care of the experience that the banks would like. So far in discussions with the banks they have not raised as a concern due to profit margins, equity, the experience used. I must meet most of their requirements but...

I did do a search and didn't find this topic raised but second time I found a topic on trust structure. I believe it was called Vestey cause it was first designed by the brother early on. From what I understand it is setting up another trust company which is separate from everything else you...

Has anyone done Dominque Grubisa's buying distressed property course or the property protection set up? Just like to hear some feedback especially on the property protection set up. I'm more interested in the vesty trust system and to see if anyone has had it and found it come unstuck at...

Hey guys/girls, I've been to the Zadel course for the 2 day event. The first time I listened only and was tempted to join a course but decided not too and thought about it for 3 months till they came around again. The second time I went and a purchased one course with the idea that if I get...

Rawlinson Hi RIC84, I have a construction cost guide book. My current edition (2012) has a price of $99+GST/m for Adelaide. Square profile fence of ribbed steel decking on steel posts and rails, with capping set in concrete. 1800mm high.

Hi Guys, Thanks for the advice. It wasn't too hard making the townhouses smaller. I've got the 2 bed units down to 110m2 (including garage) and the 3 bed units down to 140m2 (including garage) Could have trimmed it back a bit more but would rather walls on both levels to line up to...

Yes I've done a feasibility study and the numbers stack up. Currently expecting a 21% return. If I do cut them down 30-40m2 than likely to change to a 28-29% return. I did speak to the local real estate agent who he believed the size was suitable and would be better suited to a owner occupier...

Hi guys, I've started my first development (pre DA at the moment). I've been having plans drawn up to build on my block in Newcastle which is medium density. Currently drawn as 6 houses and 12 townhouses. My concern is that I may have built for what I like (ie came from a large house so...

Thanks for the comments gents. I think I will stick with what I know for now.

Hi All, I'm rather green with the property investing as I've been investing elsewhere to spread the risk. I've read a few books and they talk about spreading the risk on what you buy e.g don't by several 3 bedroom houses in the one suburb. Curious to know how far should you be...