Property Uplift Program

Case Study – $170K projected profit from Subdivide, renovate, build and sell

Location: NSW

Purchase Price: $286K

Strategy: DGI Graduate bought derelict hail damaged house with asbestos on sub-divisible block. To subdivide, the DA requirement for Dual Occupancy was to build on the subdivided block – i.e. she could not subdivide the block to sell as vacant land.

Result: She renovated the derelict house and moved into it so she is close to project of building on the back block. She will sell reno’d house for $400K and build the other one for $450K, looking at a projected profit of $170K.

Case Study – $333K Profit from Subdivide, renovate, build and sell

Location: Queensland

Purchase Price: $760K

Strategy: House is pre-war so cannot be moved. Owners are converting the house into 2 townhouses and building 3 more townhouses on the back of the block. They have a DA and are doing the whole development.

Result: The owners are looking for a project profit of $333,302.

Case Study – $1.2 Million Profit from Subdivide and sell

Location – South Australia

Purchase Price: $1.46 Million

Strategy: The vendor bought elsewhere so an agent brought this deal to DGI Graduate Julie. She bought it $140K under market value(discount) by Joint venturing with DGI Graduate Phil. Originally 35 blocks were approved but Julie worked around the plan with the town planner to move a road to allow 36 blocks.

Result: Going to subdivide the whole lot and sell off as newly created vacant blocks of land. This is Julie first deal and forecasted profit is over a million.

Case Study – $447K Profit from Subdivide and build

Location: South Australia

Purchase Price: $756K

Strategy: Strategy is to subdivide and build 5 Torrens title townhouses, 4 with single garage and 1 with double garage.

Result: Selling price for each of 5 units will be $540K-$560K and the double probably $580K. One presale sold for $555K .