The original price our vendor wanted was $900,000 for the site where we are developing 21 villas. However, after negotiating alongside my wife and business partner we agreed upon a figure of $725,000.
To find this property I sent out letter to people in the area, letting them know I was looking for a site to develop and see if anyone was thinking about selling their property?
I recently completed a two unit development on a corner allotment in 18 months, from the time of applying to council for the permit, to the settlement of sales.
This project is location 10 minutes from Coffs Harbour CBD at Lyons Rd, North Bonville, NSW. In a picturesque location adjoining an established land subdivision, the project is located within a five minute drive from shops, schools and beaches.
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