Maree replied to the topic Profitable to purchase old home on large block to later demolish and subdivide? in the forum General Property 9 years ago
Hi and thanks for your reply. We would be considering purchasing older property in Adelaide North Eastern region.
Maree started the topic Profitable to purchase old home on large block to later demolish and subdivide? in the forum General Property 9 years ago
We are considering the above strategy with view of subdividing the land and selling off the land components within a 2 year period (not to build on the land that is). Has anyone had much experience if this is a profitable exercise please? We understand many factors would come into play, but in general are curious about this one.
Maree became a registered member 9 years, 1 month ago