After typing out the other thread with our (hopeful) planing through to sales diary i thought it might be good to keep a log of our current project which things are moving along on. Block was purchased about 4 years ago but due to a variety of reasons (mostly being our greenness) only just recently started a build. Ex-department of housing 3 bed, 1 bath, tilt concrete construction, on a corner block, on purchase we; Painted - Someone else Polished the floor - Someone else Put new doors on the kitchen cabinets - Us Put A/C. - Someone else Replumbed the house (copper was stolen before we purchased). - Someone else While i was off work last year the bathroom was falling apart so we took the opportunity to strip the old bathroom out and replace (while the tenanted!). The block itself was 'flat' in our eyes although we have still needed a retaining wall and slab to be raised. It sloped slightly towards the street, and only has a minor easement across the 'back' now right hand side of unit 3. On the back we are having built, each will have its own street frontage being a corner block 1 - 3bed, 1 bathroom, 1 garage, 2 storey place. 1 - 2 bed, 1 bathroom, 1 carport with roller, 2 storey place There was a a few questions around 'structure' in the last thread so for interest sake this one is in a unit trust, which isn't ideal for tax as it has to be distributed according to unit ownership and in each applicable tax year if we sell, although our aim is to retain as much as possible. The trust was setup long ago when my (now) wife and I started dating and wanted to setup a clear investment vehicle between us in case things didn't work. Slab went down today for the main house pad along with the footings for the garage brick walls. Walls are being made off site being a smaller block so with any luck garage will be bricked next week (structural) with timber frames going up in tandem. 'Flat block' 'slab'