Hi. What's my property worth? I will soon have a share in an R3-zoned property in West Newcastle. I have done a bit of brainstorming as to "who" is going to be willing to pay me the most (my niche). Though nothing is concrete between the Council and I, I believe the property can be DA based on its specifications. I am expecting to be able to seal a DA for a minimum 20 unit-apartment style residential occupancies. Its current value, per unit, would be at approx. $320,000 each. A builder with the resources to cost-effectively build 20 unit building would yield, based on present market value (should there be a DA), gain monetary wealth gross of 320000 x 20. I want my estimate - though quite accurate - to be seen as coming direct from a third party property evaluator. Say - truly - my property, or that in which I have a substantial share in, has a gross profit value immediately after the construction of the 20 units; of 6.4 million, how much is it worth to an investor/developer? In 5 years from now, such a project - all economic factors remaining equal beside market value - were to rise 200%, and I target a "long term investor" willing to "sit and wait", could I possibly sell for 500% of what we had paid? i.e just under 500k. More so, where can I find this niche? Already I have planned out who will be the investor. Someone who is a bit lazy, with a few million in the bank desiring a steady long term ROI. Where can I find this sort of individual? I only need one. To be honest I would like to sell the property along with the DA for at least 2.5 million i.e 500% however its about, a) can I get more? b) where do I find the best investor to maximise on MY investment... Cheers.