Residential Property Development, Lara, Vic

  • 2024-03-19
This initiative involves the development of a residential property intended for leasing upon completion. This venture offers an opportunity to secure equity while providing a secure investment within your local area.

Property Specifications:
- Land Area: Approximately 400 square meters.
- Constructed Area: Approximately 24 square meters.
- The project is a turnkey operation with medium-level enhancements.

Financial Overview:
- The total cost of development is approximately $675,000, inclusive of all expenses such as stamp duty, building authority fees, interest, etc.
- The projected value upon completion is approximately $730,000 - $750,000.
- The anticipated rental income post-completion is approximately $550 per week.

Our commitment includes comprehensive support from the acquisition of the land to the delivery of your keys. Additionally, we offer assistance in locating an appropriate property management service.

For further details, please contact us.