DA for 9 block subdivision, Build road approx. $150,000 (last quote prepared for owner),Misc. costs approx. $15,000. Last lots sold – adjoining subdivision 03/2010 for $90,000.
Results: 9 x $90,000. Outlay = $525,000. Sales= $810,000. Potential income $285,000.
Perfectly flat and north facing enjoying glorious views of the ‘Sleeping Beauty Mountain Range’. In an exciting high development area this is your opportunity to try your hand at developing.
Blocks range from 603m2 to 1260m2 approximately.
2nd OPTION: Land and development approvals.
Call now for more details on this exciting development opportunity.