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2000sqm land in Sydney

Discussion in 'Where to Buy' started by Ideacrash, 13th Jul, 2016.

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  1. Ideacrash

    Ideacrash Active Member

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    Hi All,

    Do you know if we can buy a land of size around 2000sqm in and around Sydney . Idea is to 4 people pool money and buy the land , build houses and stay there . Thinking it may be cheaper than buying individual houses .
     
  2. standtall

    standtall Well-Known Member

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    Yes, it's very easy and just like buying fruits & veges in bulk you will save heaps in buying bulk land.

    All you need to do is to go to land wholesaler. There are many in Sydney and you can find a reputable one by searching on Google.

    Once you purchase the land, you will need a wholesale builder. They are also cheaper than retail builders.

    Make sure to ask for wholesale bulk rates throughout the process. I know many solicitors will happily provide wholesale rates.

    Good luck :)
     
    Brady, MsAli, Bentley and 4 others like this.
  3. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Might have a friend in Kellyville willing to sell... but forget the whole idea of it being any cheaper! 3 mill might seal the deal. And I don't think it can be subdivided either....
     
  4. Blueskies

    Blueskies Well-Known Member

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    Daniel007 likes this.
  5. Mumbai

    Mumbai Well-Known Member

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  6. larrylarry

    larrylarry Well-Known Member

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    whats the budget?
     
  7. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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  8. Mumbai

    Mumbai Well-Known Member

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    Probably. Want to do a JV? ;)
     
  9. hash_investor

    hash_investor Well-Known Member

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    Have you done your numbers? I guess it would be really hard to do what you are trying to do here. Larger blocks in Sydney are even more expensive because they have the potential.
     
  10. Ideacrash

    Ideacrash Active Member

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    [QUOTE=" 3 mill might seal the deal. And I don't think it can be subdivided either....[/QUOTE]
    Well looking at final cost be below 3 mill may be around 2.5
     
  11. Ideacrash

    Ideacrash Active Member

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  12. Ideacrash

    Ideacrash Active Member

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  13. Ideacrash

    Ideacrash Active Member

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    will it really work cheaper 4 guys buying individually than buying in group ?
     
  14. Mumbai

    Mumbai Well-Known Member

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    Is 4 mil your budget?
     
  15. ej89

    ej89 Well-Known Member

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    4 mil will get you my 2000 sqm in the ponds in the NW if you want it. Already approved as 6 blocks. Registering soon. Alrernatively I can give you 4 blocks for 2.5 mil
     
  16. Ideacrash

    Ideacrash Active Member

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    I think we are looking at 2 - 2.5 mil . Also,the deal should be better that we buying individually.
     
  17. Jacque

    Jacque Buyers Agent and Bookworm, Sydney Business Member

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    Last edited: 22nd Jul, 2016
  18. Jacque

    Jacque Buyers Agent and Bookworm, Sydney Business Member

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    So @Ideacrash bought anything yet?
     
  19. Ideacrash

    Ideacrash Active Member

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    Not yet Jacque, got side tracked a bit from property due to financical issues.

    Everyday the thinking is changing . Current struggle is should I buy a property around Quakers hill or a flat in Westmead around 500k