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Clay, could be. And definitely some sloping towards the back. Haven't made up my mind whether to sell the land, build and sell or build and keep and what to do with the older one. It is a +ve cash-flow property thus I am not in a hurry to do anything. It was a mortgagee sale, never hit the...

Thanks MTR. I am not thinking of buying this particular site. It is beyond what I can do for some time. Retain and build in areas less than 400k is what I can do for the time being. Already have a potential site (in Gosnells, but it could have slope/sand issues, but still will be profitable...

Thank you for the numbers!

The next lot which seems similar in size definitely has 3 houses on it. So this is can be subdivided into 3 as well. Seems that some money can be made there. Probably WM or MTR can run the numbers and enlighten us?