Mindarie WA: Blackminster Joint Venture 4 apartments

Discussion in 'Development' started by Westminster, 25th Jun, 2015.

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  1. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Staging furniture is going in on 9th and 10th November then photograph and bam hit the market hard for them all to be sold by Christmas. That would be best Christmas present ever for us
     
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  2. MTR

    MTR Well-Known Member

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    All the best

    Staging is a great idea
     
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  3. Sackie

    Sackie Well-Known Member

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    Hope you and @Blacky have been good kids this year :p
     
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  4. Blacky

    Blacky Well-Known Member

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    nah... but ive been good at it :)
     
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  5. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Of course :p I don't want rotten potatoes or lumps of coal for Christmas!
     
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  6. Blacky

    Blacky Well-Known Member

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    Construction is complete.
    Staging furniture has gone in and the upper floor is back on the market today.
    Lower floors should be uploaded today or tomorrow.

    Credit to @Westminster for the interior design and fit out (And for being the best JV partner anyone could dream of!)

    Here’s to a short marketing period and strong sales. Hopefully it will be a very merry Christmas.

    I haven’t posted pics, but smart ppl cans find them online

    Blacky
     
  7. Sackie

    Sackie Well-Known Member

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    Best of luck with the sales guys.
     
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  8. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    One last peek at the project as I flew out to India. IMG_6940.JPG
     
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  9. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    We had our first home open on Sunday and an offer came in last night that we accepted.
    It will be unconditional mid December.
    25% under offer :p
    We are happy and hope this continues for sales to come.
     
    Tommy Batch, Ambit, Braz and 11 others like this.
  10. Perthguy

    Perthguy Well-Known Member

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    Well done! That was quick. :)
     
  11. Blacky

    Blacky Well-Known Member

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    I would like to say it’s the product which sells.
    However it’s only 25% sold so still early days and Perth market is still soft.

    But still.... feels great to get one locked away.
     
  12. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    Westminster likes this.
  13. Big Daddy

    Big Daddy Well-Known Member

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    You guys rock. I hope the others sell just as quick.
     
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  14. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Us too! Next home open is on Sunday. It would be nice to sell another one :p
     
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  15. Big Daddy

    Big Daddy Well-Known Member

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    I'm not sure if I asked you guys but the allowable site coverage was 60÷ but the drawings shows mid 70÷. Did you get the extra ~15÷ coverage and if so how hard was it to convince council and neighbors?
     
  16. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    We were under plot ratio for the development but I can't recall on site coverage. I think from recollection the local DAP for the area allowed greater than the Rcodes
     
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  17. Blacky

    Blacky Well-Known Member

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    I just checked some old plans. We were well within plot ratio (478m2 over 629).
    But slightly over on site coverage (74% vs 60%)

    It went to council I think twice with some revisions - but nothing major.
    But the i wasn’t working with council, so not sure how much convincing we had to do. From memory we had more difficulty getting single car bay approved. But I might have poor memory.

    Blacky
     
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  18. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Another unit went under offer this week - another cash buyer.

    We are now 50% off the market. Woohoo
     
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  19. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    That's awesome, congratulations! :)
     
    Westminster likes this.
  20. Sackie

    Sackie Well-Known Member

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