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Thanks, got it. I am using the builders/spec plans but not including the name of the builder, this will only be given to buyers who want to view what will fit on the block. I have concerns about putting together land and house packages as I think it could muddy the water. Also the spec...

Trouble in Kardinya I drove upto my street and it had been closed off because the demo crew hit a major gas pipe, the street had to be closed off. Apparently, you "dial before you dig", the demo guy said that they were advised that the gas pipe was on the verge, however it was on my...

What does pulling a comm mean??

Actually got a phone call from mini diggers today, house to be demolished on Friday. Anyone looking for a good well priced demolishing company this is the group to do this. MTR:)

Hi LW No, decided not to build and sell both the blocks and just move on, take my profit and buy my next deal. The house currently on the block could be turned into dual occupancy, that is what I meant and it would be cash flow positive, just another option if I was looking at accumulate...

Thanks, and yes Joel from Land Division has been very good. An update on this project - Will be demolishing the house next week. Neighbours have been advised. Received documentation pertaining to strata which now needs to go to the bank to sign off on. Bank valuations were organised...

Am watching this area closely as will be offloading shortly. For those looking at developing, reno/adding value. This market is moving again, if you can find something which is R20/25 house at front, build at rear, or sell the block at rear for around $400K, achievable is worth a look at...

Settled on 20 March Demolish after 20 September (this month) Titles 2 months off/sell during this period Yes, I really pushed it through as I will be using funds for other builds or purchase another deve in Melb. Cheers Marisa:)

That's right. The Chinese like green title, plenty who buy in Kardinya, but I did my homework and strata survey acceptable these days, seems plenty developers/investors going this way. As you can see by bank values perhaps they think the same way, also real estate agents who also gave me an...

Hi Lee Perhaps that was the guy building in Booragoon??? Not sure I think there was around 25%. Still have to find it and secure it, there are always good deals when you are looking. But you guys in Melb are fortunate to be able to put plans and permits together and on sell to builders...

Hi Chase Have no doubt which one will sell first it will be lot 1, better/quiet location. This is what I am thinking, sell both, move on to other projects, however if I have a problem selling lot 2 then I will just build and probably hold it and access equity from it, due to tax etc. may be...

I threw a figure of $10K at it, just a guess, that is a lot of money, however if you pay $10K to make $20K then is there really an issue?? Thanks, appreciate this

Thanks HD I have allowed plenty of fat then. Know any good contractors?? Also, another option that I may/may not consider - a brick wall, lot 2 is close to a busy road and I think the brick wall would be ideal, but then again if I am looking at it costing an arm and a leg I wont do it.

Hi All Here is my Kardinya project, I settled on this property in March 2014. I expect my strata costs on completion may be closer to $45,000, however this does include demolish costs. Currently, I am considering selling one block and building on the other. My bank loan is $440,000...