Hi Guys,
I found this nice development site in Armadale...
http://www.realestate.com.au/property-house-wa-armadale-116065931
It's R15/40, so I was thinking of 15 3x2 villas on the site with roughly 200m2 blocks and 120m2 building area.
Lots of existing examples of similar sized villas selling for around $300,000 - $320,000 mark.
There are currently 72 units on a 2.5 acres being built right next door to this site.
What do you guys think?
I found this nice development site in Armadale...
http://www.realestate.com.au/property-house-wa-armadale-116065931
It's R15/40, so I was thinking of 15 3x2 villas on the site with roughly 200m2 blocks and 120m2 building area.
Lots of existing examples of similar sized villas selling for around $300,000 - $320,000 mark.
There are currently 72 units on a 2.5 acres being built right next door to this site.
What do you guys think?