Just an update.

I called the local council and I provided the address of one of the properties that I wish to develop and told them about my plans on developing townhouses on it. They provided me with the minimum lot size which was 220m2, which allows me to have a maximum of 9 townhouses on the vacant piece of land.

I asked ‘what costs would be…[Read more]

mattnz wrote:
Sounds like a great deal for you.

If your business partner has the experience in these suburbs, then they should understand the council costs.

They vary greatly around the country. In Gladstone where I am developing, the council costs are approx 5 times what they would be for the same development in Melbourne.

I understand…[Read more]

mattnz wrote:
By the sounds of this post you have no experience as a developer and this is likely to be too big a project to start with. I would suggest starting smaller.

Yes, it is true that I have no experience as a developer but a project like this will not be too big. This is because I won’t be the one who will be doing the developing.…[Read more]

anyone?

bump