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  1. D

    It is frustrating finding a (profitable) development site

    Yes and i also got a nice land tax bill :o
  2. D

    It is frustrating finding a (profitable) development site

    i never really looked at mascot as ive always thought it was out of price range and a block that size in mascot is rare. however i did spend 1.2mil for this purchase inc. stamp duty... that's why i was in a shock when you mentioned 1.1mil. I am totally against buying units and small size...
  3. D

    It is frustrating finding a (profitable) development site

    I just reviewed the property and it is sold :( I also bought a 660m2 block in december last yr, on the corner zoned r3.. not the best real estate said it was r2 so worked in my benefit but he didnt mention the vendor was a total nut case. Maybe nut case is an understatement. I believe i...
  4. D

    It is frustrating finding a (profitable) development site

    Hey, i live near the area, i have to admit when u said 1.1 my heart dropped as that would have been a great steal.. at 1.3 its still a good buy. have you developed in mascot b4? From my understanding they arent the easiest council to work with.
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