Build 6 townhouses or 10 units?

[craigb]

Craig, you also got to remember it will cost him more to build 10 units. So for eg. if 6 TH will cost 2mil and 10 units 3mil to build. What sort of CG can he expect from 2 bed / 1 bath unit compared to 3 Bed / 2 Bath TH with land?

He can use the 1mil and go and buy 2 or 3 TH.

The argument is what is the return he can expect long term on the money he is about to invest in this venture?

Cheers,
Oracle.

All units and homes have a land component built into them, the land is the major cost here and i doubt that an extra few units would be another 30% of the costs, note that units and town housed appreciate together, other wise units would still be 40k as the homes around it also increse ,

 

[kpas]

Is it possible to do a mix of townhouses and units?

 

[Piston Broke]

Ghetto or quality development?
What is worth more?
No the numbers dont lie.