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Hi guys,
I know a person who actually purchased a big retail shop then demolished it and redeveloped in into a samller retail shop accompanied by 2 units. I just found out he has achieved presales and is expecting a net return in the vicinity of 20%
and is just now finalising his plan for subdivision. Is it common to actually do this near the end of the project or from the beginning when you get the approval from the council that is the plan for subdivision?
Cheers[biggrin]
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