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  1. A

    Who builds and sells off the plan

    no GST - I thought you were talkign about developing.
  2. A

    Who builds and sells off the plan

    $120k or $320k? you plan to hold all 8 units for 12 months+? consider your GST position
  3. A

    Who builds and sells off the plan

    well take your debt, so say $1.92 x 70% less GST = $1.2m. Divide that by the value of a unit (ex GST) and that's your presale requirement.
  4. A

    Who builds and sells off the plan

    ok, yes that's right. Presales to at least 100% of your proposed debt levels. not easy on a small resi complex, unlike the glossy promotions the big players can put together
  5. A

    Who builds and sells off the plan

    can I ask why you want to sell off the plan? it offers no cashflow advantages and locks out any upside potential
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