6 unit build costs

[mattnz]

Finance and presales are the other important parts of the equation.

Do you have the cash to finance the build or are you reliant on a lender? If so, will they finance it with such a slender margin?

 

[RPI]

on site yes. 2 storey structural panels are constructed off site and stood in a day with a crane. Like concrete tilt panel but instead light steal framed insulated panel.

 

[Bennny]

He normally builds in about 6 weeks on site.

That's a cracking pace.

 

[SB25]

on site yes. 2 storey structural panels are constructed off site and stood in a day with a crane. Like concrete tilt panel but instead light steal framed insulated panel

Panelbuild?

 

[chindonly]

You have probably already thought of this, but what about trying to yield more dwellings from the site? Or are you already at the zoning limit?

More units of a smaller type perhaps - drop the 3 beds to 2 beds, and add some 1 bedders?

Without knowing the area, hard to make a call as to whether this is suitable.

Other options - could the yields stack up if some of the units are NRAS, and hold them for a while?

 

[benofbrisbane]

Hi all - just by way of an update. I found a builder who did it for the original price made around 20% and am moving on. The builder were not without their issues believe me but I got the thing up which is the main thing. Thanks for all your feedback. Onto the next one!

 

[RyanMcHarg]

Which builder did you use if you don't mind me asking.

Build prices have gone up quite a bit for a few of my regular developers and I'm always looking to help them out to squeeze a bit more margin wherever possible.

Even if you send me a PM if you prefer that would be much appreciated!