Unit Developer in Bendigo

Discussion in 'Development' started by MelbInvester, 12th Aug, 2015.

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  1. MelbInvester

    MelbInvester Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    113
    Location:
    Melbourne
    Hi All,

    I have a property in East Bendigo and looking for unit developers. So looking for some known contacts and recommend people to start this project.


    MI
     
    MelbInvester, 12th Aug, 2015
    #1
  2. MelbInvester

    MelbInvester Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    113
    Location:
    Melbourne
    Hi all,

    I like to do a little Build project in Bendigo.

    The land size is 1125 sqm and flat "L" shape block.

    Thinking of squeezing in 4 three bedroom Units if possible.

    If the area is too small the other option would be 3 three bedroom Units and 1 to bedroom unit.

    I have spoken to the Town planner and he mentioned there is no problem as there are no 'minimum' area requirements.

    the construction type would be a Single storey investment grade build.

    Have attached a diagram below. I have prepared this sketch and it is not to scale.( cut and paste)

    Would like to hear your opinions on the following:

    1) Construction Costs /per Sqm Cost
    2) Build timeframes
    3) 3 or 4 lot sub divion cost per lot ( 30K per lot?)
    4) Layout/Design ( best ROI)
    5) body coporate setup
    6) Builders / drafty

    Also thinking this

    1) Keep currant front home with seperate title and build back.( No body coporate setup)
    2) Sub Divide first and sell with off the plan



    Your opinions are welcome!

    MI
     

    Attached Files:

    MelbInvester, 19th Aug, 2015
    #2
  3. Thorpe

    Thorpe Member

    Joined:
    21st Aug, 2020
    Posts:
    5
    Location:
    Bendigo
    @MelbInvester This is right up my alley I would love to chat if you get this message
     
    Thorpe, 21st Aug, 2020
    #3
  4. timthetoolman

    timthetoolman Member

    Joined:
    25th Aug, 2020
    Posts:
    17
    Location:
    Melbourne
    I have 3-builders in Bendigo with one of them being very competitive with project type work - the other 2 are more "million" type builders if that makes sense. Let me know if you want details. They have a showroom in Ironbark and have done an amazing job on an "inner suburb" special cottage renovation that really emphasized the heritage look of the properties but they're wanting to do some more 'project' stuff.
     
    timthetoolman, 26th Aug, 2020
    #4
  5. Thorpe

    Thorpe Member

    Joined:
    21st Aug, 2020
    Posts:
    5
    Location:
    Bendigo
    Tim I would love to get the details please, I am working on several developments in Bendigo at the moment.
     
    Thorpe, 26th Aug, 2020
    #5
    timthetoolman likes this.
  6. timthetoolman

    timthetoolman Member

    Joined:
    25th Aug, 2020
    Posts:
    17
    Location:
    Melbourne
    Talk to Leigh at Homes by CDLS 0499 198 959. I rang him yesterday afternoon and they were keen to quote on the job. They're starting a house in St Arnaud next week so they travel and do the hard stuff when needed. Family business with his Father and Mother and Sister involved
     
    timthetoolman, 27th Aug, 2020
    #6
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