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  • Profile photo of luckie7luckie7
    Member
    @luckie7
    Join Date: 2010
    Post Count: 2

    Cheers for the replies guys.

    What is the cost in receiving a DA from the council. (just wondering from vendors point of view in regard to how much they have committed)

    I have received the DA for the block (from the vendor) and it has the “infrastructure charges units” listed @ $40,895 for the (08/09) (ICU valued @ $1.63 a unit). So i am sure there is a CPI that will be applicable to that, But it is a starting point.

    If the project was viable, And by viable i mean with 20% margin (100k profit) why would the vendor not proceed with the project?

    SO thus far i have:
    approx
    stamps = $18,000
    GST= $18,000
    Infrastructure = $40,895
    agents selling fees = $20,000
    Demolition charges = $?????

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