All Topics / Value Adding / Townhouse development

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  • Profile photo of richiefrichief
    Member
    @richief
    Join Date: 2006
    Post Count: 13

    Hello all,

    Despite being reading through these valuable forums for months now, this is my first post!

    My wife and I have just bought our third property:  a 3 bedroom house in Hornsby on just over 712m of land.  Our plans for the property is to knock the house and build 3 townhouses on this property.  Then sell the back 2 properties and probably hold onto the front house as a positively-geared property.

    This is our first major development and are a bit nervous about it all.  We are actually looking for some advice here.  We are interested in hearing if others have done anything similar and if so how did it go?  We are also looking for an architect and builder in Sydney's northern suburbs who do this sort of development well.  We would appreciate it if anyone knows of anyone we could use?

    Richard

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