[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

July 7, 2014 - 5:33 pm

“Make the most money, in the quickest time, for the lowest risk with the least aggravation”
Steve McKnight

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

March 11, 2013 - 8:28 am

Your ship was spotted off the coast this morning, slipping silently through the fog… coming around the cape she appeared in a shaft of sunlight… and what a sight to see! Glimmering as much as the ocean herself. Massive and beautiful beyond belief! Laden with treasures, happy times, friends, love, and laughter. Quick, you must PREPARE for her docking… you MUST make space in your life for her gifts… otherwise, just as quickly, she'll quietly slip back out to sea.

Mike Dooley

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

March 10, 2013 - 7:13 am

Lol….

was actually thinking before I posted that….

Must be some council bureaucrat keeping himself in a job ….

On a serious note yesterday view a 809 –  lmr2 –  20 mtr frontage where most of the street…. 99.9 % within say 100 metres was one to two level homes at best…. but was within 400 from rail…… Wondered about the 3 levels implications there…..

By the way here's one for you……

LMR2 surrounded on two sides by 5 odd levels…. Low set character home (DCP) on the other….

How high , how many levels you reckon you get away with ?

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

March 10, 2013 - 6:40 am

Darryl

(c) containing a building over 8.5m above ground level or is over two storeys is more than 10m from any lot containing a dwelling house (where no approval for a multiple dwelling or single unit dwelling exists

for a simpleton like me….. What's that mean?

Michael

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March 9, 2013 - 10:40 pm

I'm of the opinion the way to go with these lots is to actually bluid and market/sell…

Takes the focus off the size/ frontage etc..

treat it as a freehold town home site…… 

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

March 9, 2013 - 10:32 pm

Sorry Darryl….

haven't  lurked here for a well..

SS also….

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

January 16, 2013 - 11:15 am

Thanks Darryl

good catching up today

Michael

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November 10, 2012 - 7:50 am

We have  used Lavbl Design – Laurence last few projects ..worth a call  no fuss down to earth

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

November 9, 2012 - 10:22 pm

Does the maths add up to start  with?

Plans drawn up? Has the vendor actually got development approvals in place or we talking a raw site?

Valuation? Who's prepared this? Valuer or real estate agent?

Considering asking price for a 8 units makes it 175k a site add associated costs like  construction , BA costs , council contributions, GST etc with retails being top need from valuation at $400k what's the likely $ outcome for you?

Nothing wrong with a option for you to pay the development costs but does the development stack up?

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

January 31, 2012 - 5:16 am

christianb wrote:

A couple of quotes from unlikely sources. For fans of the sweet science.

Mike Tyson: "Everyone has a plan until they get punched in the face."
To me it says be ready to accept things as they are.

 “The Service you do for others is the rent you pay for your room here on Earth.” Ali.

“If my mind can conceive it, and my heart can believe it – then I can achieve it.” Also Ali.

Love them……. great quotes and so true……….

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

January 20, 2012 - 2:24 am

Had similair issue last year………. CGU covered it …. I find it  better to contact a broker who has access to a wide range of insurers in these types of situations.
Glad you got it sorted Elisey……

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January 20, 2012 - 2:13 am

The bitterest tragic element in life to be derived from an intellectual source is the belief in a brute Fate or Destiny.

RALPH WALDO EMERSON, Natural History of Intellect

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October 22, 2011 - 7:33 pm

Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it.
 
Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure or nothing.

For most we learn that lesson too late in life…. whatever you do today to secure your future…… do something!!!

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

October 22, 2011 - 7:15 pm

"Change is hard because people overestimate the value of what they have—and underestimate the value of what they may gain by giving that up."

— James Belasco and Ralph Stayer

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October 17, 2011 - 8:39 am

"Land Rights for Gay Whales"

[beedieParticipant@beedieJoin Date: 2007Post Count: 158]

October 15, 2011 - 9:32 pm

Its all about buying right in the first place…..

DA will always get you a % value increase but it is dependent on the market/supply and demand.

As the DA sites market is largely targeted to builders and developers that are looking at a shovel ready site…. A DA property in a bull market has a chance to  get a better return , in a bearish market like the present one where development finance is more difficult for example interest will be limited if you following the drift.

I'm seeing a few  sites on the market  that where bought raw in the peaks of the last few years now with DA and back on the market but  only worth what the vendors paid for them originally at best remembering that builders/developers are going to be driven by how the  numbers  stack up not the emotional value of a site.

Mattnz, in your example not knowing the suburb/details of the property on the market @ 950k for 5 (190K a site) sure the vendor doesn't fall in the above category ( dreaming) especially if you bought around the avg/or a bit below for the suburb?  We comparing apples with apples here?

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October 15, 2011 - 9:13 am

Wofle….getting very  good interest…and thank you for the compliments

We do have location location and.as the agents are saying a new benchmark development for the suburb. .. quality sells …etc etc 
 
Its also in  Greenslopes which recently got the gong in  API Magazine ( August 2011 edition) as one of the top 100 hotspots so leaning towards  selling  2 of the apartments  and the house which will pay back the bank keeping  the other 3 apartments with a rental appraisal of $1600 a week positive cash-flow…so profit all good ….

As far as  the present market ..……well it is what it is….and being  auction mind you any thing could happen…… .lol

We also lodged with council for a 9 apartment development on the other property we bought earlier this year so in theme with whats happening in 2011……….its been busy and on track……..Good luck with your development my friend

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October 14, 2011 - 10:04 pm

Scott No Mates wrote:

Brisbane is a reasonably diverse place. I could recommend Hawthorne, Paddington or Bullimba but your budget is Inala. A few bones to go on?

LOL @ but your budget is Inala… Good advise from Scott… start/ stay inner city

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October 14, 2011 - 9:47 pm

We buying/searching inner city Brisbane development sites, however most sites that come up are either secondary sites or still overpriced  or a combination of both……  so most just sit there going stale ….. seems like a lot of sellers have bought in the recent peaks of the last few years and trying to flog them off but unfortunately for them they only worth what they paid for them.
Bitter pill to shallow

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October 13, 2011 - 10:23 am

fingerscrossed wrote:

Other Property Managers in the same town are offering 7.5%.

Its a tricky one as I feel I have established a good relationship with the current manager.

Is this ethical

Get over it……….. you are running a business