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Yup and if you decide to put in that additional single person dwelling which might rent for $200-250 a week then you'd be laughing :) Hellooo Tassie golf course

Ok then I doubt you'd get permission to squeeze in that 4th villas as I'd hoped. Back to triplex then :) If you want to stretch the envelope a little then...... you could put in a triplex PLUS a single person dwelling (not a granny flat but similar). A single person dwelling lot size is...

Ah Tassie - but is cheaper to buy a nice little place by a gold course :) Very VERY roughly sums: quad 3 x 2 x single garage $830k $490k original house cost Cost = $330k each Value = $430k Profit = $100k (30%) Total Project profit $400k plus the $100 you have in equity. No idea how...

Do you know what zoning your block is? If you don't know, PM me your address and I can tell you.

+1 for this. You'll need to borrow between $600-800k depending on 3 or 4 so that is your first priority for borrowing money. And yes I think now is a good time to develop Spearwood. UNLESS you decide to buy a development block in Melbourne (I know nothing about Sydney (except the GF...

Jacko, You have a lot of options with your block - it might actually be big enough for 4 and a feasibility may work out that 4 is better than 3. I don't think I would go for apartments as my first project unless you do a really simple one - for example 4 apartments which are 3 beds/2baths -...