11 Lot Subdivision
8000 sqm, R2, Cooranbong, Lake Macquarie Council, New South Wales
Finding a property development project that is ACTUALLY profitable is hard enough!
But when Council will only approve the LEAST profitable plan you put forward… Aughhh!!! REALLY!?!?
That was just the beginning for Andy Wang, who encountered his fair share of challenges with this project:
- Finding asbestos in the existing house
- Loads of trees to remove
- Roller coaster ride in finance process
- Changed from Residential to Commercial finance to fund civil construction
- Unexpected civil variation costs
- Battle with Ausgrid over a Power Pole relocation
- Negotiated to avoid electricity transformer upgrade
- Slow sales progress
Come along to this Meetup to find out what Andy learnt from this project, and how his Civil Contractor and Project Home Builder helped him through to a successful outcome!