Nov 02, 2017 They pay for themselves in just a few years and average a 15% yield, so what’s not to love about granny flats? And with experts managing your project from concept to construction, it can be quick and easy to create these cash flow gold mines. Pauline Hatch reports
You might think development is just for the ‘big guys’ in real estate and you don’t have the experience or time to take on a potentially risky project. But what if a team of experts did the developing, and you reaped the rewards?
Property development almost always gives rise to GST implications because of the high dollar value of the transactions involved. Eddie Chung shares the details you need to know before you consider putting spade to soil.
Duplex development is all the rage at the moment, and for good reason. Turning a single block into two homes can earn impressive instant capital and virtually double your rental return. The question is: where do you start? Pauline Hatch reports.
In times gone past, locating a big block of land and developing it into a duplex or multi-unit building was considered a sure-fire path to property profits. But today? You need a lot more than a prime block of land to ensure a successful development. Sarah Megginson reports
Find a big block of land, knock up a brand new duplex and voila: you’re an instant developer earning instant profits. Right? Not quite. If subdividing and developing land were that easy, everyone would be doing it. We show you some of the traps to avoid, and the surefire steps required for a successful project. Sarah Megginson reports.