Safe Planning and Profits

These two side-by-side blocks offer great design flexibility and can be secured on desirable settlement terms.

Completed townhouses in the area consistently achieve $1.8m+ and the corner location and school zone options appeal greatly to affluent end buyers. The vacant land can be secured on a 12-month settlement, meaning minimum holding costs while permits are attained for 4 side-by-side street-facing townhouses.

This area demands $600k+ per townhouse site. Preliminary negotiations point to $550k per site. The completed homes will have beautiful first floor views and will enjoy the quiet, family-friendly surrounds.

Planning is very low risk. And, running two separate 2-townhouse applications means that over $100k of Council Open Space Contributions can be avoided.

This is a great project for resale profits and/or long-term retention for capital appreciation. It will suit new developers and experienced builder developers too. New, quality townhouses are in very high demand in this location.