Rupinder and Jaspreet had a great experience building their own home, and it inspired them to invest with a mind towards developing. They met with a few Buyers Advocates, and eventually appointed us – partly because they wanted to deal with the Director of our business throughout.
We considered their budget and objectives, shared data explaining capital growth history, drivers, and projections, and suggested a few properties in a suburb that they’d never heard of.
R&J ruled out the first couple opportunities. It became clear that they didn’t want a big block; they weren’t interested in a 3+ townhouse site; they don’t like busy roads or any other with obvious ‘warts’. What they wanted was a property that would comfortably rent for years, and one that they could safely develop into 2 townhouses for future capital growth and rental return – eventually.
Andrew managed the search, planning and design, and build documentation process. They got along so well that Rupinder decided to work with us as a Client Relationship Manager.
Pretty village, improving infrastructure, great demographics
853m2 rectangular sloping up
Tired but rentable weatherboard
up to $0.860m
Private Sale, 3 weeks post-auction
House $0.871m | Unit $0.679m
7.1% p.a. over last 10 years
Diverse and affluent demographic; widespread gentrification; big infrastructure projects; media hype
Good value post-auction buying; safe, profitable development; top growth and rental prospects
Two detached 4bed dwellings on own titles, one single level
12 months to secure permits
$2.300m once completed
$0.380m once completed
68% once completed
20% once completed
4.5% once completed
Harvey is a big earner, building a portfolio of negatively geared properties with value-add
Price : $1.850m
Location : Blue chip, affluent, close to hospitals, transport, shops and parks
Scope : 3 large, quality, detached houses
Profit : $0.900m
Return on Cash : 48%
Jim semi-retired from finance young and is building an impressive portfolio
Price : $0.950m
Location : Urban, gentrifying, with good transport and access to CBD
Scope : 4 attached street-facing townhouses
Profit : $0.475m
Return on Cash : 45%
Jack asked us to JV with him on a bigger site, and this made sense for us both.
Price : $2.125m
Location : Quiet, leafy, family-oriented with top schools and shops
Scope : 8 townhouse with dual access
Profit : $0.675m
Return on Cash : 58%