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Have received a reasonably good offer from a builder am waiting for it to go unconditional. Settlement is 6 months though, but am very happy to take the money and move onto another project Cheers, MTR

Hi Aaron will pm you some details over the next couple of days, cheers, mtr

Thought I would post the progress on my 8 unit development. Plans etc submitted to Council. I have received 2 objections, one is in relation to privacy regarding a balcony the other is additional traffic and noise in street. Objections were from neighbours on each side of the...

It is costing me about $6000 pa to hold site 1 and $1500 site 2, have not included any tax deductions, it's not killing me so I can afford to hold these properties.

Hi Belu If they are rough around the edges I will give it a miss. I thought I would contact my architect as I know he will be able to give me some names of good builders in the area that may be interested in a JV. I think it will also be a matter of timing the market, if the market...

Hi Belu Yes, I could use the funds from site 1 to fund site 2, would be easier to manage and I may be able to do this using a project manager in Melb. These properties are in Broadmeadows. Developers have been active in this area, also the Council is easy to deal with, well this is what my...

I have a couple of sites which I am currently getting plans and permits together to onsell. Site 1 - 8 units, Cost $597,000, with plans and permits will sell for $960,000. Site 2 - 4 units, Cost $300,000, with plans and permits will sell for $500,000. Instead of selling both, which was...