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It also adds upto 2000 sqm.

Any idea if one can use commercial limited lic to build domestic buildings in VIC. One of the sub rules say up to 15m high, any building...

You are right about building 3 to make some profit. My cost analysis; land cleared ready for development: 390 1x double 3 room, 2 bath, garage = 180 (sell for 400-410) 2x single 2 bd, 1 study, 2 bath, garage = 300 (sell each 350-375) Sub-division etc = 50 plus other 40 COST= 950 I be quite...

Yes, I had spoken to couple of them who are quite keen. They started from 10% and now hoverign around 7% and One is plasterer and on top he wants plaster job.

I heard builders's margin is around 15-25% so plan is to save on these costs. I've a friend who has done commercial building/management and will be helping. Not sure about the material cost thoug. If it helps I did manage my extension pretty successfully I must add and below budget Any...

Sorry for belated msg, haven't been around.I be borrowing lic on cost plus around 6% on building cost. I'm planning to get one and thinking of enrolling in a TAFE dip.

Hello all the seasoned developers! I just bought a 595 Sqm property to knock down the existing weatherboard house and built two town houses, may be three if council allows it. The locality is Noble Park VIC and has a 5 feet slope from front to back What size to build 15-20 sqm? How to handle...

bez23, 2 initially due to car space restrictions. It is the Dandenong area of Vic. Good point though ben23, existing house has already utilities connected so I'm expecting not too much cost to get gas/elect connections to new dwelling.

Currently similar existing old houses selling between 340-350k.

Following are the figures so please comment to assist me with this one; 1-Property has approved plan for a 2nd double Story unit at the back but not been divided yet so add $5000 into buying cost. 2- Asking price=410K ( I buy @ 380 + Stamp) 3- Loan= 10% deposit for 6 months. (Advised me not...

I live in the area and can tell you that by investing in this area you can't go wrong. My friend, within last 2 months, had 3 door knocking offers of $850K from developers for his approx 600+ Sq plot not far from railway station which he rejcted out right. Not long ago he bought it for mere...