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Done! free for bankers.... charge for others :D:D

It ends at this very moment.. Sealed and signed;) As they say good things comes in 3. I found 2 more sites.. But can't buy....:):)

I said that because I heard thru vines that owner would take that if offered unconditional. Could have saved someone 200k:cool:

hahah.. Was it in mascot too? Next time buy in company name (if possible)and just pay 30% tax.. no need to kill 12 months.

That's the only thing stopped me buying there late last year. I was getting a corner block @better location for 1.15m but I let it go as DA approval time with botany ranges from 18 to 24 months.

it will be sold at $1.3M in by 5:30 PM AEST. vendor must be happy to clean couple of hundred thousand in less than 6 months!

Market is moving quickly. Vendor has bought another property to live in and wants to offload this.

If you are in market,here is one http://m.realestate.com.au/property-house-nsw-mascot-119037323 May not suit Learner developer.. But good project.. Buy price should be around 1.1m to 1.2m

I like to develop properties.....(it is a part time thing now) Reno and splitter block doesn't excite me as much. I guess it is my expectation of buyprice+purchase cost+build+hold+soft cost+ 30% margin makes it difficult. If I lower down that expectation of 30% margin to say 20 to...

plenty in sydney metro area Sansouci, caringbah, oatly to name few (Sorry dont cross bridge that often) In Mel Bentleigh etc.

i meant resale value of $1M+ for each duplex .

Agree! and some credit goes to Real estate agents as well.. they sort of educate vendors. (some i have seen it) risk of getting a DA .. headache with builders , tax and all not worth tiny profits on dual occ now (unless it is high end $1m plus each)

This is my rant... It is been really difficult to secure a good development site (a profitable one) for long time now. I see 3 types of buyers.. 1. Average mum and dad wanna be developers targeting dual occ sites 2. your local Small medium builders targeting Multi unit, townhouses sites 3...