This is an Unique and limited high position water front development project in Sydney Metro area, this has manifested in a few ways.
- Freehold Torrance title. $10m
- Location 1162 River Rd Lower Portland NSW 2756, Riviera Ski Gardens. Lower Portland NSW 2756 Land size 9.75 hectares.
- DA approved 63 villas plus extra 22 can also be developed later.
- Profit is estimated over 100% of outlay.
- Sales estimation $35,450,000 on 63 villas plus Managers House
- Project development can start immediately
- No council contribution required or further approval from Baulkham Hills Council.
- Cash flow can commence in 6 months
- Villas are built off site see photos supplies
- Infrastructure cost about $1m and completed in 6 mths
- Build 10 Villas $1.1m in first 6 mths, then cash flow starts.
- Villas are paid for separately to land.
- Stage 2 apply for 22 extra villas estimated sale price $12m
Other relevant information can be supplied on request.
If you require any further information and/or view property please contact me.