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Agenda

Agenda. Quick wrap up of Newmarket project just finished. Run through of Chermside project just starting. A Bit About Me. Born and grew up in Brisbane Did biotech and law at uni. Practised law for 3 years Always loved property Full time investor/ developer since 2008.

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Agenda

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Presentation Transcript

  1. Agenda • Quick wrap up of Newmarket project just finished • Run through of Chermside project just starting

  2. A Bit About Me • Born and grew up in Brisbane • Did biotech and law at uni • Practised law for 3 years • Always loved property • Full time investor/ developer since 2008

  3. Newmarket Development • When I was last here (October 2012): • House reno done • DA complete • Working on BA • Sourcing builders

  4. Completed Project

  5. Numbers - Newmarket

  6. Brick block of 4 x 2 bed units • Purchased late 2010 • Renovate and strata strategy • With a twist Current Project - Chermside • Property re-zoned to HR • Extra GFA and space

  7. Exploring Options • Explored options during 2011 • New local plan says High Density • Investigated options: • build additional units on top • knock down and start again • buy next door

  8. Exploring Options Too many options! Stick with original strata plan, but add SUD also?

  9. The Renovation

  10. The Renovation

  11. The Renovation

  12. The Renovation

  13. The Renovation

  14. Reno and Rent Strategy Huge cash flow – furnished and inclusive Now renting for almost $2,000 pw Additional $800 pw once SUD constructed

  15. Reno and Rent Strategy

  16. Maximising the Site

  17. Maximising the Site

  18. Maximising the Site

  19. Maximising the Site

  20. Current Progress

  21. Numbers - Chermside

  22. Numbers - Chermside

  23. www.blackbeargroup.com.au

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