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Mate, I'd be interested in any options you might know of that aren't the usual REA angle. Its only a 3 unit site. The actual rental yield on costs at completion would be 6.8% fully let so its pretty low risk in the current environment, but a single pre-sale makes it a done deal. Cheers...

Ben, Shame you're not looking for Sydney... ;) I've been thinking about running an ad in my local paper for a pre-sale, deal direct with the builder and I'll pass on the $20K REA fee as a discount to the buyer. That, plus $21K FHOG for a new build makes for a pretty good discount. Might have...