We have decided not to proceed with the development and to sell the properties.
 
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Thanks

David

Hi Alistair,

Thanks for your comment.  The properties are in Clontarf, QLD.  Very close to the end of the $300million+ Houghton Highway Duplication Project. 

The area is perfect for our intended project – hence my hesitation in simply selling the properties at a loss.

Do you have any ideas on how to find builders who will take equity in a project?

Thanks again.
David.