Case study – Frankston South Vic

Knockdown rebuild townhouse development within Melbourne metro growth area Purchased 2007 – construction completed 2024 Project type: Knockdown rebuild townhouse development within Melbourne metro growth area Dwelling type: 3 X Double Story Townhouses:– Unit 1: 4 bedrooms, 3 bathrooms, 2 car garage– Unit 2: 2 bedrooms, 2 bathrooms, 1 car garage– Unit 3: 3 bedrooms, 2 bathrooms, 2 car garage Total project cost: $1,910,800 Land cost: $408,000 Build & site cost: $1,502,800 Land size: 931m2 Build size: 614m2 (Unit 1: 250m2 / Unit 2: 161m2 / Unit 3: 203m2) Rent return: $2,275 total per week (Unit 1: $900 / Unit […]

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