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This week, we’re revealing a prime townhouse site in Blackburn South, VIC, a goldmine for developers. We locked it in for $1.3M, and the numbers are looking 🔥 with a projected $400K profit!
Gav breaks down the feasibility, from the purchase price to construction costs, and reveals the projected returns.
📣 Powered by: Little Fish Property & ReadyBuild™ the best value in knockdown rebuild & dual occupancy builds.
👥 Join The Little Fish Network FREE, Australia’s leading property & development community.
00:00 - Episode Overview
00:48 - Powered by ReadyBuild™
01:29 - The Guru Returns!
05:00 - Inside the Deal: 3 Agnew Street, Blackburn South
05:54 - Landchecker: The Surrounding Area
07:39 - Site Breakdown: Dimensions, Setbacks & More
13:19 - Blackburn South Comps
15:45 - Feasibility Study
23:19 - The $400K Profit Plan
26:11 - Outro
🔍 What you’ll learn in this episode:
▪️ How we secured this site and why it’s a winning location
▪️ Smart development choices that will maximise resale value
▪️ The comparables
▪️ The feasibility study
Subscribe to my YouTube channel
This week, we’re revealing a prime townhouse site in Blackburn South, VIC, a goldmine for developers. We locked it in for $1.3M, and the numbers are looking 🔥 with a projected $400K profit!
Gav breaks down the feasibility, from the purchase price to construction costs, and reveals the projected returns.
📣 Powered by: Little Fish Property & ReadyBuild™ the best value in knockdown rebuild & dual occupancy builds.
👥 Join The Little Fish Network FREE, Australia’s leading property & development community.
00:00 - Episode Overview
00:48 - Powered by ReadyBuild™
01:29 - The Guru Returns!
05:00 - Inside the Deal: 3 Agnew Street, Blackburn South
05:54 - Landchecker: The Surrounding Area
07:39 - Site Breakdown: Dimensions, Setbacks & More
13:19 - Blackburn South Comps
15:45 - Feasibility Study
23:19 - The $400K Profit Plan
26:11 - Outro
🔍 What you’ll learn in this episode:
▪️ How we secured this site and why it’s a winning location
▪️ Smart development choices that will maximise resale value
▪️ The comparables
▪️ The feasibility study
Subscribe to my YouTube channel