Development Site - DA Approved Project
Victoria
Selling Price AUD 1,450, 000
Property Cost AUD 720,000
Details of the deal
- Townhouse development site for additional 7 townhouses
- Retain existing house for higher yield
- Low holding costs due to rental returns
- Gross realisation 55%
- Gross Profit in 2.5 Years: AUD 506,000
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