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Or if someone could get presales to mitigate the selling risk...I have seen some people selling off-the-plan units via property seminar. Although the agent charges higher commission but they were able to achieve slightly higher prices (this was later confirmed by the valuer)

Just to initiate some discussion between members and for learning purposes for someone like me who is still new to property development I found a block of land in Glenroy VIC with approved plan for 3 2-bedrooms unit. Approx. 10 squares each. Unit 1 and 2 have garages. Unit 3 only carport. The...