I am ambitious to build a duplex to live in and would be interested in hearing from others who might wish to join me.
After selling my house I will have over $1.1M to invest. I want to downsize to a Duplex but to undertake the project on my own is not feasible. After land and building costs a good sized duplex will cost $1.3M. But will be worth $1.5-1.6M. So $750-800K each. This makes getting the property I want and a modest profit very feasible.
I plan to undertake this in the Sutherland Shire so if you wish to join me please raise a hand....
PS I am not a developer, just a downsizing baby boomer with some good business skills
After selling my house I will have over $1.1M to invest. I want to downsize to a Duplex but to undertake the project on my own is not feasible. After land and building costs a good sized duplex will cost $1.3M. But will be worth $1.5-1.6M. So $750-800K each. This makes getting the property I want and a modest profit very feasible.
I plan to undertake this in the Sutherland Shire so if you wish to join me please raise a hand....
PS I am not a developer, just a downsizing baby boomer with some good business skills