Peter Kelly Property

You’d Walk Right Past This Property… But It Made $400K!


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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.

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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

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Peter Kelly PropertyBy Little Fish Property