Duplex
650sqm, R2, Sutherland, New South Wales
Property development is an attractive field, but it comes with significant challenges! Many aspiring developers find themselves overwhelmed by the complexities and uncertainties that can jeopardise their projects.
Karen’s recent duplex project in Sutherland, New South Wales, was completed in February 2024 despite numerous hurdles:
- Council Town Planners downed tools during COVID lockdown
- Their shutdown significantly delayed DA Approval
- Re-negotiate the construction contract with builder due to material price increases
- Dept of Housing complex next door impact on desirability to purchasers
- PLUS they refused to pay for their 50% share for new fence!
- Existing house needed major repairs making it unviable to rent out during long delay for DA Approval
- Interest rate increases stalled sale of finished dwellings
Karen will share her journey, including the strategies she used to navigate delays, manage budget fluctuations, and ultimately turn a profit. Her story is a valuable lesson in resilience and creativity.
If you're interested in learning from someone who has faced—and overcome—many of the challenges you're likely to encounter in property development, don't miss Karen's presentation. This is a fantastic opportunity to gain practical knowledge and network with like-minded professionals. Register now and be part of a community that helps you turn your property development dreams into reality.