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3 weeks ago

Original post war properties that had seen better days. A simple knock down split into two and the construction was of two single storey medium spec builds completed in a suburb just 10km South of Adelaide CBD. Great result. -Site purchase: $310,000 -Total development costs: $800,000 -Total sales of both: $1M

3 weeks ago

This 750sqm site was purchased in a high demand area. We managed to squeeze 3 row dwelling’s on the site as the frontage allowed. Three custom builds will be build with our standard 2.7m ceilings, ducted area and stylish front facades. A great small development. -Purchase Price: $375,000 -Total development costs: $1.13M -Total end value: […]

3 weeks ago

This property I purchased direct from the owner in a situation where they needed to sell. Managed to pick this up, do minimal work and get revalued the following month with $80,000 equity. Purchase: $257,000 Renovation works: $3,000 Revalued $340,000

3 weeks ago

Original run down home that couldn’t be brought back to life. This property was situated on 650sqm just 7km from Adelaide CBD. We managed to obtain a development approval to split into two blocks and construct two detached dwellings. -Purchase Price: $400,000 -Total development costs: $970,000 – On completion value: $1,150,000

3 weeks ago

Incredible original Tudor home that was brought back to life by a large structural and cosmetic renovation which consisted of new master suite, kitchen, dining and living area, pool and outdoor entertainment area. -Purchase price: $740,000 -Renovation costs: $400,000 -End project value: $1.5M

4 weeks ago

This property we purchased at auction for a discounted price. It was certainly not for the faint hearted. The backyard alone had more than 20 tonnes worth of rubbish. Water pipe, electricity, drains and sewer were all non existent, not to mention it required a mammoth renovation which included a new extension onto the existing […]

4 weeks ago

Purchased well under market value. Many thought that this property was only a two lot. After speaking with our architect we managed to squeeze 3 row dwellings on the 750sqm property. -Site purchase price: $305,000 -Total Development costs: $1.05M – Target end value: $1.26M

4 weeks ago

Arguably in the best street in Semaphore, we purchased this 1100sqm lot with development approval in place. We then changed the architectural plans to be more fitting for the area. Surrounded by million dollar homes, this project has been a head turner for many! – Site purchase price: $650,000 – Total development costs: $1.59M – […]

4 weeks ago

This Gilles Plains project was purchased in a great location right on a family friendly park. We created three new torrens title allotments and are in the process of constructing three single storey custom homes. – Purchase price: $452,000 – Total development costs: $1.3M – Target realisation value: $1.56M

4 weeks ago

Originally purchased as a knock down job, we had a change of heart and decided to renovate and flip instead. One of the beauties of developing and flipping houses is that there can be multiple exit strategies. -Purchased $357,000 -Renovation works $31,000 -Sold $480,000 = Around $50,000 profit from a project that was quick and […]

4 weeks ago

An extremely rare development on Queen Street in Alberton. Similar to many of our developments, no one saw the potential. This property went to auction and didn’t sell because people there couldn’t see what could be done with it. We navigated the challenges and created three large 441sqm torrens title blocks and are in the […]

4 weeks ago

Fantastic development in the seaside suburb of Semaphore. These types of developments are my favourites as we can de-risk a deal by keeping the existing house, renovate if needed and re sell to lower debt levels. We then pick up the land in the backyard for just a fraction of the cost. – Purchase price […]

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