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I am also planning to develop 10 townhouses in sydney. I have heard quotes of $120 k per townhouse and $850 psm. I am looking to sell at around $300k. the block of land is valued at $900k. So thats a profit margin of $900k ( not including other expenses like selling properties , demolition of existing houses etc)
does anyone have any advice on who i should talk to? esp. builders and financiers. Has anyone had experience in this sort of developing? This is my first time so would love to learn from anyone who has any advice.
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