I am seeing if there is a JV partner who wants to participate with me in putting down the 5% deposit $39000 plus stamp duty $23000 on a development site in Picton. The plan is to purchase the site with a 12 month deferred settlement. Site is deceased estate and has land 1212m2 plus old existing house on it. Was listed $995K Jan and now $6…[Read more]
I am now purchasing a site at NSW 2447. The purchase price is $122K and I need 80% ie $96k. I have the funds for costs for DA. I would need to be able to top up the loan for the construction of the two houses on the site which would be subdivided into two torrens titled lots.
I actually have two proposals both involve unit development projects on land that I have currently in New South Wales. Both are two unit developments on each site and I would be happy to provide you with further details if they are of interest to you thanks, Maree