- JesseGParticipant@jessebendigopropertyoptions-com-auJoin Date: 2018Post Count: 2
We are expanding our business and are encouraging applications from like-minded individuals to fund small to medium development projects in regional Victoria (Bendigo & Ballarat). We operate a 50/50 profit sharing model in which our JV partner funds 100% of the costs and financing and we conduct 100% of the project from site selection through to release of titles. We currently have 2 projects available in the Bendigo region:
– An old house on a large block, feasible to complete a 4 lot subdivision, all street frontage allotments. Requiring allocation of $205,000 to be released over a 6 month period with expected profit of $125,000 ($62,500 each)
– An updated home on a medium block, feasible to complete a 3 lot subdivision with the construction of 2 townhouses. Requiring allocation of $182,000 to be released over a 9 month period with ability to finance an additional $380,000 for further construction after subdivision. Expected profit of $140,000 ($70,000 each)
We are presented with all types of subdivision opportunities, including larger sites of up to 120 allotments. If you are interested in seeing huge returns and being involved in this exciting industry, please introduce yourself to us at any time!
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