Exclusive Webinar Briefing With A Lawyer & Property Investor Who Has Bought, Sold And Held $50+ Million In Real Estate
How To Accelerate Wealth & Cash Flow Through Lower Risk Small Property Developments
Be sure to lock in your viewing time! What you’ll learn…
- How to find off-market development opportunities in popular suburbs before other investors.
- How to potentially secure distressed real estate without finance – and then develop it for profit.
- The most effective strategies to manufacture equity and generate cash flow in today’s COVID market.
- Plus, much more…
About Domnique Grubisa
Dominique Grubisa is a practising legal practitioner with more than 22 years of experience.
She is one of Australia’s leading property educators, authors and speakers. She is also an experienced property investor and developer who has bought, sold or held more than $50 million worth of real estate.
Dominique has featured as an expert on A Current Affair, Today Tonight, The Circle and throughout other media outlets.
The Most Effective Small Development Strategies In Today’s Market
Real estate developing is one of the few areas a person can enter with little expertise and become wealthy in a relatively short amount of time.
- You can manufacture equity independent to what’s happening in the market.
- You can sell off part of your development to own your remaining property without debt.
- You can boost rental yields to create more positive cashflow.
- You can accumulate property faster and accelerate your portfolio growth.
- You can use other people’s money to create wealth.
- You can do it in your spare time.
- You can choose from many different strategies to make money based on your situation.
- Many on our nation’s rich list made their money through property development.
- It’s no longer the domain of the rich – anyone can do it if you understand how.
# 1 – DA Uplift
Builders need ongoing projects to keep their workers employed and are on the constant lookout for ready to build sites to save time and holding costs.
This opens the door to acquiring property, obtaining development approvals and then on-selling it to builders for a tidy profit.
You can even acquire the property with minimal outlay using creative instruments such as options and leasing.
# 2 – Sub-Division
When you subdivide one property into many you can add significant value in the process.
You then have the option to hold the lots and wait for more uplift, build on the vacant lots and/or sell one of the properties to pay down your debt and increase your equity and rental yields.
This approach is simple and low risk when you understand the process and what to look out for.
# 3 – Residential Unit Development
Residential unit development has a potentially lower financial requirement compared to commercial, industrial or retail development.
Many residential unit developers sell some of their units after completion to pay down their debt, effectively allowing them to own the remaining units outright.
You can repeat this process to acquire several millions in property and hundreds of thousands in positive cashflow to effectively retire on.
Real-Life Small Developments Case Stories of our Students
Case Study – $45,400 PROFIT FROM SUBDIVISION, DEMOLITION AND SELL
Location: FLAGSTAFF, SOUTH AUSTRALIA
Purchase Price: $501,000
Strategy: The owner was after a quick sale, so DGI Graduate Karen pitched $1000 over the asking price, resulting in a $501,000 purchase. After recognising the house would need a $60,000 renovation, Karen saw that the real value was in a 1:2 land subdivision instead.
Result: A mortgage broker friend of Karen’s had a client seeking land in Flagstaff Hill so Karen was able to sell to this client for $630,000, making a profit of $45,500.
Case Study – $113,000 PROFIT FROM DEMOLITION, SUBDIVISION AND SELL
Location: REYNELLA, SOUTH AUSTRALIA
Purchase Price: $275,000
Strategy: After backing her ability to secure off-market deals and send compelling letters to numerous homeowners, Karen and Scott secured this property for $275,000 and did a 1:2 land subdivision..
Result: The resale of both blocks of land resulted in $113,000 of profit for Karen and Scott with a sale price of $235,000 for each block.
Case Study – $250,000 PROJECTED PROFIT FOR RENOVATION, SUBDIVISION, BUILD AND SELL
Location – ROSEBUD, VICTORIA
Purchase Price: $500,000
Strategy: DGI Graduate, Andrew bought a $500,000 property in the beachside suburb of Rosebud, Victoria and decided to renovate the existing house at the front & do a 1:2 land subdivision.
Result: Andrew subdivided the existing land, constructed a new home in the backyard and renovated the existing house. Based on comparable sales in the area, Andrew would be expecting to make a profit of $250,000.
Case Study – $600,000 PROJECTED PROFIT FROM DEMOLITION, SUBDIVISION, BUILD AND SELL
Location: GOLD COAST, QUEENSLAND
Purchase Price: 1.08M
Strategy: DGI Graduate, Mat bought a beachfront COVID property at a $100,000 discount during the pandemic.
Result: Mat’s vision is to develop the site into a triplex and based on comparable sales in the area, he would be expecting to make a projected profit of $600,000.
Case Study – $1.2 MILLION PROJECTED PROFIT FROM SUBDIVISION, BUILD AND SELL
Location: GREENFIELD, VICTORIA
Purchase Price: $250,000
Strategy: DGI Graduate, Dan bought a vacant block of land for $250,000
Result: After subdividing and constructing 18 new homes, and based on comparable sales in the area, Dan would be expecting to make a potential profit of $1.2 million.
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. Based on comparable sales in the area, she would be expecting to make 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: Based on comparable sales in the area, the owners would be expecting to make a 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: Julie plans to subdivide the whole lot and sell off as newly created vacant blocks of land. This is Julie’s first deal and based on comparable sales in the area, she would be expecting to make a projected profit of 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 .
REAL LIFE SUCCESS STORIES
Using what we learnt, we bought a block of land under market value in a high growth area and are looking to do a sub-division and two houses… We hired a builder to obtain the DAs and manage the project on our behalf. We’re half way through the development now with a projected profit of $400,000. We’re already looking for our next property.
Alanah and Rob, New South Wales
I did Dominique’s course in 2014. I now have 5 projects on the go totaling around $1.8 million. Some are with money partners, others I am doing myself… I think property development is the easiest investment to do. You just find the deal and get other people to do the work, then phone in once a week to get updates… we are looking at roughly $700,000 in returns.
Yanal, Victoria