Without knowing level of inclusions its hard however the figure of 700k sounds correct. Depending on the site difficulties etc it could even be considered a competitive price.
Let me know how you go with that I am starting pre-sale marketing in two weeks for a site in Brisbane.
Only 1 pre-sale? Is it a 4 townhouse site or something?
Have you tried alternate options for pre-sales - just wondering.
Either way good luck with it.