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How to determine the profitability of a development site

Discussion in 'Real Estate' started by Gordsy, 4th May, 2011.

  1. Gordsy

    Gordsy New Member

    Joined:
    4th May, 2011
    Posts:
    2
    Location:
    Sydney
    Hi all just wanted to say what a great site this is.

    I had a question that I was hoping you could help me with please

    The boss has instructed me that she wants to look for vacant block of land or an old house or a big block that we can flatten and subdivide. She wants to build townhosues or duplexes on it and sell them off. She has seen a few sites that she likes in regional NSW. Just wondering if someone can point me in the right direction of how I can find out how much prfot margin may be in the deal and how people find out if this is feaseable in different areas.

    Hope this makes sense



    Ta


    G
     
  2. Gordsy

    Gordsy New Member

    Joined:
    4th May, 2011
    Posts:
    2
    Location:
    Sydney
    Anyone ...?
     
  3. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
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    Location:
    Sydney, NSW