PropertyInvesting.com | Sailesh C | Activity https://www.propertyinvesting.com/members/sailesh-c/activity/ Activity feed for Sailesh C. Sun, 12 Apr 2026 04:16:58 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 78d37e222feedc9495c09baea31cae4b Sailesh C replied to the topic experience in subdivision - brisbane 809 block in the forum Ballerina wrote: Hi https://www.propertyinvesting.com/topic/4405775-experience-in-subdivision-brisbane-809-block/#post-4663038 Mon, 16 Apr 2012 01:31:56 +0000 Ballerina wrote:
Hi NoviceInvestorYou should really put the whole feasibility together, prior to purchasing a block. We have recently completed 4 townhouse development in Camp Hill, so I know the area very well. If you intend to build, you have much more costs to cover then just a subdivision: certification, consultants, surveyor…

Good…[Read more]

]]> 67e71807c6f6601c126652f114deb967 Sailesh C replied to the topic experience in subdivision - brisbane 809 block in the forum Value Adding https://www.propertyinvesting.com/topic/4405775-experience-in-subdivision-brisbane-809-block/#post-4663036 Thu, 12 Apr 2012 08:17:06 +0000 If the block is already on two lots then you do not have to pay for new sewer and water. These costs only apply to new developments.To qualify for the savings you will need to get a solicitor to apply to seperate the amalgamated title. This only costs a few hundred dollars.You can then contact the council to install the services.

]]> 73c06fdfacc5c5f9ba5d33ad883e2151 Sailesh C replied to the topic "gentle" sloping block - advice from builder/developer pls in the forum Value Adding https://www.propertyinvesting.com/topic/4406284-gentle-sloping-block-advice-from-builderdeveloper-pls/#post-4667178 Thu, 12 Apr 2012 07:59:15 +0000 Depending on the land size you may not need a lot of retaining as you can batter away from the house. If the land is small then you will need to retain the block. If the neighbour has already built then you will need to keep your retaining wall away from the boundary. This will impact on your house design in terms of allowable width.If is only a…[Read more]

]]> 34d80da8892f2ed90e6d7a85707010a0 Sailesh C replied to the topic How accurate are online property valuations / estimates? in the forum We usually use RP data to https://www.propertyinvesting.com/topic/4405107-how-accurate-are-online-property-valuations-estimates/page/2/#post-4658374 Mon, 07 Nov 2011 07:02:31 +0000 We usually use RP data to get an idea of what the resales are like in an area. We supplement this information by contact with local agents who give us feedback on recent resales and we also need to keep a watch on what volume is on the market, turnover time and percentage above and below list price.In order to stay relavent we only concentrate on…[Read more]

]]> 5de3fe6eea02d125442a184af20edd0d Sailesh C replied to the topic Metropole Property Strategist vs Custodian Wealth Builders in the forum Creative Investing https://www.propertyinvesting.com/topic/4404266-metropole-property-strategist-vs-custodian-wealth-builders/#post-4652520 Mon, 07 Nov 2011 06:27:49 +0000 Property growth usually work in cycles and growth in a new cycle starts in the inner city suburbs and radiates out to the outer suburbs and then into regional areas. Therefore, to maximise your returns it is ideal to follow this cycle.As an example the inner suburbs of Brisbane stated moving in late 2000 and ended in late 2003. This was followed…[Read more]

]]> d4b7e447facc4804c148ed19c16ae764 Sailesh C replied to the topic How do I tell if Property Investment Mentors are dodgy or reputable ?? in the forum Property investing is really https://www.propertyinvesting.com/topic/4402356-how-do-i-tell-if-property-investment-mentors-are-dodgy-or-reputable/page/2/#post-4639148 Tue, 22 Mar 2011 06:13:11 +0000 Property investing is really simple. What you need is a good mortgage broker who can help you with funding and then based on what you can afford try and buy the best located property close to the median price.Generally, you try and invest in a major capital city and try and be close to the city center or close to major road or rail network. My…[Read more]

]]> 88cd6b56e1a5538fdd9634872e5824d9 Sailesh C replied to the topic Townhouse Development in the forum Help Needed! https://www.propertyinvesting.com/topic/4403087-townhouse-development-3/#post-4643818 Tue, 22 Mar 2011 05:53:26 +0000 Hi AdamGenerally, a feasibility analysis is carried out prior to commencing a development project. This feasibility report should factor in all costs associated with the project and assessed against the expected end values to work out the return. If the feasibility shows a reasonable return then you move forward with your development plans.Your…[Read more]

]]> b5275649ef8ef4f318fe93aa81805e52 Sailesh C replied to the topic Is it feasible to build a duplex on a property with an existing dwelling? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402991-is-it-feasible-to-build-a-duplex-on-a-property-with-an-existing-dwelling/#post-4643367 Tue, 08 Mar 2011 23:35:04 +0000 It is quite common to see town houses or duplexes being constructed in back yard of homes in Brisbane. This is only possible on land that has a LMR zoning or the old Res B zone. Your title will show what your land is zoned as. If it is Res A then it will be very difficult to change the classification.

]]> ade4378c9bfa408d192e9b4eefbbd1ff Sailesh C replied to the topic Building a Duplex in the forum Help Needed! https://www.propertyinvesting.com/topic/4402646-building-a-duplex-4/#post-4640842 Mon, 07 Mar 2011 08:28:09 +0000 Hi RobbyExcellent way to get started on your property development journey. Over the last eight years we have recommended many duplex sites around the Brisbane area however, lately it is getting more difficult to find viable sites. Things to factor into your feasibility report when assessing a site:Site costpurchase costdevelopment…[Read more]

]]> 11d3fce40c183a210d3f28a332b8c75f Sailesh C replied to the topic Sub-Divide and Build in the forum Help Needed! https://www.propertyinvesting.com/topic/4402886-sub-divide-and-build/#post-4642663 Mon, 07 Mar 2011 08:13:54 +0000 If you work full time or if is your first development then it is advisable to enlist the services of an experienced project manager. Almost all projects have its own unique characteristics that can trip you up so you will need to assess each stage carefully. Stay  on top of things as delays occur if lapses occur.

]]> 85a9776d50d8466e8f4da4e8d0e6dc92 Sailesh C replied to the topic St kilda apartments in the forum General Property https://www.propertyinvesting.com/topic/4399392-st-kilda-apartments/#post-4621181 Tue, 06 Apr 2010 08:53:39 +0000 Where possible buy second hand units with a good out look. Generally in a normal market a new unit will devalue to a level above older units for the first two years. Then the property will start to appreciate in line with the rest of the units in the area.

]]> 86098f669073c11ef99785c63d07d8ee Sailesh C replied to the topic Coomera in the forum Help Needed! https://www.propertyinvesting.com/topic/4398996-coomera-2/#post-4618508 Fri, 05 Mar 2010 06:57:26 +0000 gurjjeet wrote:
This house is mainly made of wood except the front face of house, I have heard of termite problem in Gold Coast but is it big n Coomera. I do not want end up paying for repairs every day outta my pocket. Thanks in advance

Most houses are made out of wood, unless you build a steel framed house. Even then you will have wood in…[Read more]

]]> 8129a3b9a1944fb50c17d08bf4ff89e3 Sailesh C replied to the topic Coomera in the forum Help Needed! https://www.propertyinvesting.com/topic/4398996-coomera-2/#post-4618507 Fri, 05 Mar 2010 06:29:58 +0000 Do some research in the local area on what such a house in worth. Based on the block size the house can be a maximum of 190 sqm. A house this size on a level block should not cost any more than $200k to build. This is a typical build cost for a low set house with a turn key finish with inclusions such as two split system a/c, full security…[Read more]

]]> 7641c02c5d01547a0f1e14d188f6b260 Sailesh C replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/16/#post-4542171 Sat, 27 Feb 2010 07:42:21 +0000 Dual occupancy will help you earn extra income. We can help you build a 3 bedroom house with a self contained granny flat for around $210k (220 sqm) turn key in the Brisbane area. Do some research and see if this will work for you. I believe it will help you improve your cashflow.

]]> 848bc116289d8f0c77c855113169604e Sailesh C replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/3/#post-4609644 Sat, 27 Feb 2010 07:26:04 +0000 hleung wrote:
I predict a 6-7% increase in prices across Australia with Brisbane and Perth being the standout cities.

Traditionally Sydney and Melbourne kick off early then soon followed by the other states. However, with all the talk of another mining boom could see Queensland and WA benefiting as well. I think Brisbane has had a longer…[Read more]

]]> 45f77d107f7bfdadaa2e56d6eed15adf Sailesh C replied to the topic Demolishing and developing - What are we in for? in the forum Value Adding https://www.propertyinvesting.com/topic/4398687-demolishing-and-developing-what-are-we-in-for/#post-4616581 Sat, 27 Feb 2010 05:58:46 +0000 You will need to talk to the bank on how to fund the development in the first instance. Due to the current lack of liquidity banks are reluctant in funding new developments. However if you have lots of equity or presales then you should not have a problem.

]]> 98ec030c219ee43d3e10860916ce7685 Sailesh C replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/3/#post-4609642 Sat, 27 Feb 2010 05:12:46 +0000 I will be bold and predict another two years of property growth. The economy is improving people will feel confident and people will feel confident again in buying instead of renting. Historically all property booms have happened in the face of rising interest rates and this boom will be the same.What happens at the end of the property…[Read more]

]]> 8cabe554065da4250ff05a48b0b86d95 Sailesh C replied to the topic NRAS Investments in the forum General Property https://www.propertyinvesting.com/topic/4396465-nras-investments-2/page/3/#post-4605207 Sat, 27 Feb 2010 05:02:05 +0000 You do not necessarily need to buy a property from a NRAS accredited developer to qualify for the scheme. The scheme is open to all new properties that are located close to infrastructure. The Government have key areas that they are targeting for this scheme.Therefore, you can look for land in areas you think you will get good growth then have the…[Read more]

]]> 28910822a8dfffd3c48852ae85b12936 Sailesh C replied to the topic Buying and relocating an existing house in the forum Help Needed! https://www.propertyinvesting.com/topic/4397760-buying-and-relocating-an-existing-house/#post-4611288 Fri, 13 Nov 2009 06:35:16 +0000 You will need to allow for re stumping, plumbing and electricity reconnection, stairs and decks and the usual council fees.By the way we currently have a nice Queenslander that need to be moved from Banyo if anyone is interested. It has nice VJ's on walls and ceiling and a tin roof.

]]> 88c376f559a3ecff43eddb94b7988cf5 Sailesh C replied to the topic finances approved and then not approved - one week before settlement in the forum General Property https://www.propertyinvesting.com/topic/4397779-finances-approved-and-then-not-approved-one-week-before-settlement-2/#post-4611336 Fri, 13 Nov 2009 06:26:24 +0000 Most loan approvals are only good for three months. If it goes past that date then a re approval is required.It is always best to re apply before the three months is up.

]]> 51d184467718a878d53610decd7530ee Sailesh C replied to the topic Duplex costs in the forum Value Adding https://www.propertyinvesting.com/topic/4396736-duplex-costs/#post-4606576 Thu, 12 Nov 2009 09:12:19 +0000 We build around 10 duplexes a year in Brisbane at a turn key price of around $930 per sqm for a 4 bedroom duplex with dlug. This price includes plans an approvals and some extras such as ceiling fans, air conditioning stone bench tops, etc Our rate for houses are very similar.

]]> 3eee827b520928725715175130afec6f Sailesh C replied to the topic Should I bargain on off the plan? in the forum Help Needed! https://www.propertyinvesting.com/topic/4397726-should-i-bargain-on-off-the-plan/#post-4611198 Fri, 06 Nov 2009 06:46:54 +0000 With bank funding to developers getting very strict due to liquidity issues most developers are keen to negotiate on off the plan sales. However, in this case the developer would have achieved the required number of sales to get started. He would generally be reluctant to discount on the last few as he may have already discounted the first few to…[Read more]

]]> b6498df6842c43746500adbac40ff162 Sailesh C replied to the topic house and land in the forum General Property https://www.propertyinvesting.com/topic/4397590-house-and-land-2/#post-4610534 Wed, 04 Nov 2009 08:40:49 +0000 There is money to be made with this strategy however, as with everything timing is the key. This is crucial if you are looking to buy and sell. If you have a long term strategy then it is a great way of acquiring an investment property and you should look into areas that will help you create at least $50k in equity. Once again do your research first.

]]> d3d44d750a6d9b7418ee7e431c35850f Sailesh C replied to the topic Analyst tips back to back rate rises in the forum General Property https://www.propertyinvesting.com/topic/4397393-analyst-tips-back-to-back-rate-rises/#post-4609809 Thu, 08 Oct 2009 10:01:56 +0000 I believe we will see further rates rises as the economy picks up. As the infrastructure stimulus packages start there will be a lot of money in the economy and possible over stimulation. The only way to slow the economy down will be to increase interest rates to stop consumer spending.I believe we may see double digit interest rates within three…[Read more]

]]> 808d6345a57ec5d1cb6c35a59d42deee Sailesh C replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/#post-4609595 Thu, 08 Oct 2009 09:51:11 +0000 How do you measure affordability and peoples basic need for shelter. It was only a mere 20 odd years ago that you could have purchased a run down old Queenslander in Bulimba for $60k the same property today would sell for around $550k. The person who purchased the property would have borrowed a large percentage of the purchase price to get into…[Read more]

]]> ae165217f0fedf0c0294151d64773539 Sailesh C replied to the topic Air conditioning worth it? in the forum Value Adding https://www.propertyinvesting.com/topic/4395236-air-conditioning-worth-it/#post-4598341 Sun, 28 Jun 2009 08:15:38 +0000 Every house we build has air conditioning and dishwasher as standard inclusions. Our research has shown that you will achieve higher rent with these inclusions.

]]> 320bc3158f225df2d72352a57988b815 Sailesh C replied to the topic Custodian Wealth Builders in the forum General Property https://www.propertyinvesting.com/topic/4394020-custodian-wealth-builders-5/#post-4591873 Sun, 28 Jun 2009 07:46:46 +0000 You will generally do better if you purchased a block of land and built a turn key home yourself. This takes away the middle men and the tens of thousands in commissions that are involved.

]]> 1275d898262740729d5dd21b6114d7f8 Sailesh C replied to the topic Building with Dixon Homes in the forum I truly sympathize with home https://www.propertyinvesting.com/topic/4393535-building-with-dixon-homes/page/2/#post-4589209 Sun, 06 Jul 2008 11:57:37 +0000 I truly sympathize with home owners being put through such hardship. It is even worse to hear of the difficulties people go through when the builder goes into liquidation.In this instance people caught with delays should address complaints to the right people within the organisation. However if you go overboard then you might get ignored.As a…[Read more]

]]> d62b4bfbc737963ad2528885f13a4192 Sailesh C replied to the topic Project management in the forum General Property https://www.propertyinvesting.com/topic/4393376-project-management-4/#post-4588376 Wed, 04 Jun 2008 04:57:27 +0000 Thanks JonWe can build these duplexes at such prices because we are large enough to get very good discounts from suppliers on material costs. Yet, we are not too big where we have very high overheads. We do not have display homes, sales people or franchise fees either. This way we are able to pass on the savings to our clients which translates to…[Read more]

]]> 2902efd20486115b16ac0ab4b67b8acd Sailesh C replied to the topic Project management in the forum General Property https://www.propertyinvesting.com/topic/4393376-project-management-4/#post-4588374 Tue, 03 Jun 2008 10:58:49 +0000 Jon Chown wrote:
Sailesh, Can't argue with those figures as this projest is almost positive geared.I'm assuming that you built a low set duplex and I'm impressed that you could do it for $282,750.You say that the land came with a DA. Does the Caboolture shire council differ to other councils as I thought that a DA included design plans and…[Read more]

]]> 6e2f7b1da7e0cc71ce002ebd53b74474 Sailesh C replied to the topic Project management in the forum General Property https://www.propertyinvesting.com/topic/4393376-project-management-4/#post-4588372 Tue, 03 Jun 2008 07:43:48 +0000 The following is an example of the latest results obtained by our client. The property was tenanted about 6 weeks ago.Project background:We helped a client locate a duplex site in Caboolture. The land was located in a new estate close to town center, train, hospital, schools and easy access to the freeway. The site came with an existing DA…[Read more]

]]> 2a7339d52e5ad79b746154314789a887 Sailesh C replied to the topic Project management in the forum General Property https://www.propertyinvesting.com/topic/4393376-project-management-4/#post-4588370 Mon, 02 Jun 2008 23:00:54 +0000 michaelparis wrote:

Sailesh C wrote:

Jon Chown wrote:
SaileshC wrote – The project should have a return of at least 60% return on capital invested…… Please explain?

With most small developments you will need around $100k of funds from existing equity to help you fund your purchase. This money will be used towards purchase costs,…[Read more]

]]> c906f7960d54f59b2c9496eb35d30d27 Sailesh C replied to the topic Project management in the forum General Property https://www.propertyinvesting.com/topic/4393376-project-management-4/#post-4588368 Mon, 02 Jun 2008 06:43:37 +0000 Jon Chown wrote:
SaileshC wrote – The project should have a return of at least 60% return on capital invested…… Please explain?

With most small developments you will need around $100k of funds from existing equity to help you fund your purchase. This money will be used towards purchase costs, interest and development costs.Therefore, if…[Read more]

]]> f509460baaa6fafa216067bdeff11e87 Sailesh C replied to the topic Project management in the forum General Property https://www.propertyinvesting.com/topic/4393376-project-management-4/#post-4588366 Mon, 02 Jun 2008 06:18:49 +0000 Hi We charge a fee of $10k to help source a site. This includes conducting a feasibility study, help with due diligence and negotiation. Apart from the above charge we also charge a 10% success fee upon project completion.The feasibilities are done using resale estimates in todays market value. The project should have a return of at least 60%…[Read more]

]]> a928d90935c3e440d6c76ccf404c98fe Sailesh C replied to the topic Newly built Property Investment in the forum Investing into property by https://www.propertyinvesting.com/topic/4393276-newly-built-property-investment/#post-4587837 Tue, 27 May 2008 10:22:30 +0000 Investing into property by adding value is an excellent way to start in property. Typically a strategy such as this should see you create at least $50k in equity.However, I would encourage you to do some research first as not all areas will enable you to realise such a gain. The research is very simple as it is just a matter of looking at your…[Read more]

]]> b8ef9ef52b5542c8b78f2572dfb3f318 Sailesh C replied to the topic Wanted - good developer in SE QLD I can buy house and land package from. in the forum Help Needed! https://www.propertyinvesting.com/topic/4390779-wanted-good-developer-in-se-qld-i-can-buy-house-and-land-package-from/#post-4574107 Tue, 22 Apr 2008 11:21:35 +0000 Why not consider buying land and engaging a builder to build a house for you. This way you cut out the middle man and keep the profits to yourself.Here is an example of land we recommended land in Carseldine…5 blocks where just purchased last week and a batch of 8 where purchased late last year. (15km north of Brisbane CBD) the numbers are as…[Read more]

]]> 7b5afeafbc688e9191f31ba54d303e24 Sailesh C replied to the topic building costs per square metre in Qld in the forum Value Adding https://www.propertyinvesting.com/topic/4391765-building-costs-per-square-metre-in-qld/#post-4579218 Tue, 22 Apr 2008 10:40:09 +0000 trakka wrote:
Wow, you guys are all talking way lower figures than I'd anticipated. I'd planned on budgeting >$2,000/m2 for my new PPR. Are you guys talking brick and tile Tamawood-style project homes?

The cost to build a house should not be anymore than around $1000.00 per sqm for a split level house. The extra costs come in once you start…[Read more]

]]> ab6f28466bd7b3615ed4427dfbed8f09 Sailesh C replied to the topic Setback Distance in the forum Value Adding https://www.propertyinvesting.com/topic/4391353-setback-distance/#post-4576819 Wed, 02 Jan 2008 12:13:15 +0000 madproperty wrote:
Saliesh do you guys operate in Ipswich as well??

Currently we operate exclusively on the Northside of Brisbane. However, we have plans of setting up a new division that will cover the Ipswich area. This should happen around mid 2008.Regards

]]> e051c48bd63360dc9ba15381fd424e25 Sailesh C replied to the topic building costs per square metre in Qld in the forum Value Adding https://www.propertyinvesting.com/topic/4391765-building-costs-per-square-metre-in-qld/#post-4579215 Wed, 02 Jan 2008 11:51:05 +0000 HiWe are currently charging around $800/sqm for a turn key product which includes a reasonably good level of finish. This includes the latest price rises for 2008. Our standard finish includes the following items as standard:air conditioning to lounge areaceiling fans to all bedroomsBlanco stainless steel appliancesdishwashervertical…[Read more]

]]> 25661060179ed5bf17bd7b6ec5a8db62 Sailesh C replied to the topic IP in Brisbane in the forum Help Needed! https://www.propertyinvesting.com/topic/4391418-ip-in-brisbane/#post-4577138 Tue, 13 Nov 2007 11:47:12 +0000 Petrie is a nice quiet pocket to own an IP in. It is close to train station, schools and shopping.

]]> 41bec147b99a886010ddec0bd20c56cb Sailesh C replied to the topic Setback Distance in the forum Value Adding https://www.propertyinvesting.com/topic/4391353-setback-distance/#post-4576817 Tue, 13 Nov 2007 11:35:10 +0000 BCC setback is 1.5m from side boundary

]]> 9e393ec48b745e08be697620700e3e9f Sailesh C replied to the topic Subdivision steps in the forum Value Adding https://www.propertyinvesting.com/topic/4385491-subdivision-steps/#post-4547438 Mon, 29 May 2006 09:04:40 +0000 Hi
The key to success is conducting a detailed feasibility analysis. Your due diligence should also include consulting a townplanner for advice. He will then outline the steps for you to follow.

The basis are as follows.
If you need to lodge a DA then you will need a surveyor then an architect to prepare development drawings. You may need…[Read more]

]]> b0931b95b8719af2bddfa9e22b302d37 Sailesh C replied to the topic Journey with Metropole in the forum Value Adding https://www.propertyinvesting.com/topic/4383331-journey-with-metropole/#post-4536075 Fri, 02 Dec 2005 10:31:03 +0000 Hi
I know have known Michael for over 8 years now and have found him to be helpful, honest and trustworthy individual.

I hope you find your journey with Metropole a profitable one.

Sailesh Channan

http://www.developersedge.com.au

“Helping you select,develop and profit from property”

]]> 647c60a7c86037c0f3ac2e51d4eb7afd Sailesh C replied to the topic to Sell or Develop that is the Question in the forum Value Adding https://www.propertyinvesting.com/topic/4383275-to-sell-or-develop-that-is-the-question/#post-4535812 Fri, 02 Dec 2005 09:58:15 +0000 Originally posted by kp:
Lots of assumptions there Sailesh.
First one being that the resale is $260k each.
What if it was $350k each ?
Would it be worth going ahead then ??

I would suggest that resale in this suburb of Perth WA, is quite different to what you are used to in Bogan ( oops…I mean Logan)so making the assumption that the market…[Read more]

]]> 3239866d915062be1f8a09678246af67 Sailesh C replied to the topic Sub-divide Cost QLD? in the forum Value Adding https://www.propertyinvesting.com/topic/4383330-sub-divide-cost-qld/#post-4536064 Fri, 25 Nov 2005 09:42:34 +0000 Andrew

You need to be more specific. Each council in the area has different rules and fees.

It may be worth going to your local council offices and checking up on the requirements.

Sailesh Channan

http://www.developersedge.com.au

“Helping you select,develop and profit from property”

]]> e335b4fdf2ad91f19fae90a9ee88ab19 Sailesh C replied to the topic to Sell or Develop that is the Question in the forum Value Adding https://www.propertyinvesting.com/topic/4383275-to-sell-or-develop-that-is-the-question/#post-4535807 Fri, 25 Nov 2005 08:38:39 +0000 Hi again Patbc

You are in an interesting position here. Assuming it costs you $250k to build a duplex and resale value at $260k each then your nett equity position would remain unchanged.

My guess is that your cashflow position would remain unchanged as well…depending on rental estimates of the new dwelling. However your depreciations will…[Read more]

]]> 744ec7b885cb90bcde4309bfa24eb6f6 Sailesh C replied to the topic to Sell or Develop that is the Question in the forum No Subject https://www.propertyinvesting.com/topic/4383275-to-sell-or-develop-that-is-the-question/#post-4535802 Tue, 22 Nov 2005 10:46:36 +0000 Hi Patbc

At a quick glance, if I where to buy the site from you and sell the finished product at $260k each I would offer you around $150k for the site with the house removed.

Any developer who looks at this property will be working with similar figures in mind. Therefore, if you can get $280k for your property then it would be a good price and…[Read more]

]]> a0e2bffe3a52a5ee474f64e86f1a08ff Sailesh C replied to the topic Attn Developers - What PROFIT margin is a goer?l in the forum Value Adding https://www.propertyinvesting.com/topic/4381646-attn-developers-what-profit-margin-is-a-goerl/page/2/#post-4525995 Tue, 27 Sep 2005 07:44:09 +0000 I have come across an interesting and legitamate tax strategy for such cases. By using this strategy you end up paying no tax on the old property. However, this only works if you end up keeping the new dwelling.

Sailesh Channan

http://www.developersedge.com.au

“Helping you select,develop and profit from property”

]]> 6715f968a2557d69962a2a5fbaf1c3d9 Sailesh C replied to the topic Attn Developers - What PROFIT margin is a goer?l in the forum Value Adding https://www.propertyinvesting.com/topic/4381646-attn-developers-what-profit-margin-is-a-goerl/page/2/#post-4525993 Tue, 27 Sep 2005 00:22:43 +0000 Hi Julieand Thomas.

You are very lucky to have acquired a corner lot subdivision so cheaply. Your council is also very generous with thier development costs. Brisbane City Council charges close to $30k for a similar subdivision.

You are also very fortunate to have such a low construction cost. I am currently paying around $730 per sqm turn key…[Read more]

]]> ae7d23cade7fb55ddc26a0ad0b003ca6 Sailesh C replied to the topic Whats it take to be a developer? in the forum Value Adding https://www.propertyinvesting.com/topic/4381714-whats-it-take-to-be-a-developer/#post-4526425 Mon, 26 Sep 2005 23:53:59 +0000 There have been a lot of interesting points raised by some experienced people.

The only thing I have to add to this is that you need to do your feasibility carefully when looking at sites. This also includes producing the right type of accommodation to suit the demographic profile of the area.

You do not want to produce more of the same as you…[Read more]

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