Safe Planning and Profits

Avoid Council Open Space Contributions

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.

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Quiet, tree-lined street in a desirable location in an affluent suburb


Two separately titled blocks totalling over 1300m2 with dual street frontages


Rentable dwelling and vacant corner block

Purchase Price


Market Value

circa $2.400m

Sale Method

Private Sale


90 days dwelling, 12 months vacant block

Rental Income

$600/week and long settlement for vacant corner block

Rental Yield

2.8% for dwelling block

Suburb Median Prices

House $1.410m | Unit $1.010m

Suburb Capital Growth

6.8% p.a. over last 10 years

Growth Drivers

Lifestyle suburb, diverse and affluent population, multi school zones

Why we rate it

Under market value, flexible settlement, clear planning, safe profits

Development Scope

Four large, semi-detached, street-facing houses


24 months from buy to sale



End Value




Return on Cash


Return on Capital


End Rental Yield


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