Hi, I have a property in Wodonga Victoria. It is a level corner block approx. 600m2 and close to CBD. The property is currently rented to a good tennant. I was intending to sell the property as it is currently costing me money. A local agent has told me they have a builder who is very keen to purchase the property for the land, as the builder believes he can erect three dwellings on the block.
For the long term benefit, I would like to keep the block to do this myself. However, I am not a builder and I live interstate. Am I being delusional, or could I make it happen???
Hi
Looks like a match to me.
You own the land.
You want to build some development on it and maybe sell it..
You live far away and can't watch a project every day.
You're not a builder.
So you need a builder.
You need a real estate agent to sell it.
A builder is interested.
So is a real estate agent.
Looks like all the ingredients of a joint venture have fallen into your lap. You need to research how to do a joint venture if all parties are interested.
good luck
cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
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