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If you spoke with Michael Yardney and you are prepared to wait for an 18 month settlement why dont/didnt you move forward with getting permits and DA? To me this is a clear way to increase the value of the property.

$? Would you leave 20% in the deal?

That's just a commerical, phone for more information. Which suburb is it in, street, price, are there other blocks in the street with home units on them. Have you spoken with a professional such as Metropole? Yes they will take a "cut" for managing the development but it is better to have...