1. Real Deal

3. \

4. How Did I Find It?

5. Site Plan

6. How Did I Secure It? Even Though It Was A 2 Week Tender?

7. How Did I Know It Was A Deal?

8. My Original Plan: Do The Same But Bigger

9. 2013 to 2014…

10. Doing the Due Diligence Services: – Dial Before You Dig – Contour Survey – Land Sloping Away From Street – My Block Didn’t Help – Lucky there was a Stormwater main in the Street!

11. The Turning Point In The Design Council Contributions for 2 x 3 Bed 2 x $27,000 = $54,000 (2 New Dwellings) 1 Bed = $12,000 each, 2 Bed = $18,000 Each 200 sqm foot print to play with…. What If?????

12. The Numbers Purchase Price $327,500 Build Price $380,000 Renovations $8,500 Contributions, Stamp Duty, Legals, Strata Titling, Town Planning, Council Application Fees, Agents Comm, GST, Holding Costs ~$190,000 Total Cost Base = ~$906,000 Worst Case Sales: 3 x $270k + $240k = $1,050,000 Best Case Sales: 3 x $300k + $250k = $1,150,000

15. What Next?