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Exactly. Not point manufacturing a result which is less than simple selling and buying the desired result, without any of the headaches.

How much do you think your PPOR is currently worth?

I'd say completely impossible. Most townhouse construction costs clients are doing at this time are from 160k (for 5-10 townhouses) to 200-220k for small projects. There's no way you'll be able to cover all construction, demo + subdivision costs with such a small end val. Work out your...

A couple things to consider here: Does the council development plan allow townhouses for your particular block? Whats the profit margin? Is there more profit doing a two split, or even not developing and taking up a different pathway? If you'll only achieve a sale price of 260k on a...