If you’ve ever been tempted to join the ranks of those making money from real estate development, I’d suggest you won’t find a better opportunity than this as a starting point.
1012sqm (more or less) flat section, boasting an ideally situated three-bedroom, two-bathroom newly built home, ready and waiting for tenants, making sure you can hit the ground running with good income to fund the next part of the development.
This is a rare beast indeed, as most have demolition cost, all while servicing lending meaning lack of funds while you wait for contractors to complete of the project.
This one has the advantage of getting returns as soon as settlement occurs, easing the financial burden, or perhaps living on site.
My vendor has moved on to other opportunities and so offers you this rare situation of an attractive launch pad for your entry into property development.
If you’re already in the construction industry, builder, electrician or plumber, you’ll recognize the advantages of a joint venture to spread the load or go it alone. The choice is yours, if you recognize the opportunity here.
Theres only one of these, so suggest early viewing to avoid disappointment.
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