Real Estate Development Case Study - 11 Milford Street Newport

In this real estate development case study Peter Kelly breaks down the numbers including the costs and timing for a three townhouse site in Melbourne.
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[@peterkellyofficial]

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[@hex131]

Your channel must go viral. Thanks for the content. Notifications On 🎖

[@peterkellyofficial]

Fingers crossed 🤞 AM 🙏

[@lukestringa1850]

Great profit. Thanks for sharing.

[@peterkellyofficial]

No worries Luke.

[@Haj333]

Great explainer video, thanks.

[@peterkellyofficial]

Absolute pleasure :)

[@AG78140]

Great videos, thank you Peter

[@peterkellyofficial]

Thanks Amir, I'm glad you're enjoying them.

[@MrJarod2003]

Great video Do u have a cheat sheet where it has the land spec in Sydney that has development potentials ? I find it difficult to search for land any each council has different rules

[@peterkellyofficial]

Hey Mark, we don’t have a cheat sheet as such but we do have a couple of videos that will get you heading in the right direction. Check these out: www.littlefishproperties.com.au/residential-development-sites/ www.littlefishproperties.com.au/melbourne-dual-occupancy/ All the best!

[@spatu87]

Great videos Peter! Do you guys offer your services in NSW?

[@peterkellyofficial]

Thanks! Apprecaited! Unfortunately we don't in NSW only Melbourne.

[@shahobansari4079]

@@peterkellyofficial Hi Peter, let me know if you find anyone. Cheers

[@peterkellyofficial]

👌

[@suttanto]

hi, will the bank give the construction loan , if the property was sold off plan ? cheers Josh

[@peterkellyofficial]

Josh! Best to talk to a financial advisor, there are a lot of variables that would need to be considered - it’s not black and white that’s for sure!

[@luisvenegas6091]

Hello Peter I have a deal under contract in San Leandro CA its next to San Francisco CA that I've done a developers assessment on it can I speak to you in regards To the deal

[@peterkellyofficial]

Hey Luis - unfortunately I am Melbourne based as are all of our projects. I would suggest reaching out to a local planner, they should be able to get you heading in the right direction. Best of luck 🙏

[@charleysky]

How much capital was required by the client to do this project? 30% of project value?

[@peterkellyofficial]

I couldn't tell you exactly but it would be safe to assume 30% of total borrowings.

[@charleysky]

@@peterkellyofficial thanks 🙏

[@peterkellyofficial]

@@charleysky No worries 👊

[@feipan3227]

AwnesoME

[@peterkellyofficial]

Thanks Fei 🙏