Project Mick Playbook - Corner Blocks · Play 2

7 months to build
95% of our initial cash back on completion, on the strategy we'd use today
Save $300k by creating the two townhouses yourself instead of buying them finished (modelled on this project, 80% lending)
 
Keep the old house. Build two townhouses on the side street. The renovated old house sold for more than either new one.
 
A corner block on the NSW coast, secured on a call option. We got a DA to keep and renovate the old cottage and build two townhouses facing the side street, then a three-lot strata subdivision. The build took 7 months, and two of the three homes sold before the builder had finished.
 
The lesson we paid for: 19 months from settlement to DA consent, with interest running the whole time. This playbook shows where that time went and what we'd do differently.
 
Built for: investors looking at a corner block who want to keep the house and build on the side street.
 
What you pay for this playbook comes off a Development Roadmap booked within 90 days.
 
Instant PDF download · 19 pages. General information, not financial advice. Past results don't guarantee future returns.