100_0258

Business Details

Location

Greater Metropolitan Adelaide

Industry

Building & Construction

Investment Amount

Depends on lending capacity as it is real estate based investment.

Date Posted

25/10/2010
To Contact This Business Inquire

Storage complex to be built- get in at the ground floor.

New project south of Adelaide, build develop and sell

We have a niche opportunity in the storage industry which we are already successful in.

We have secured 4,500 sqm at Seaford in a new subdivision for under $100 per sqm. Construction cost is about $450,000 and site works only $50,000 so total about $950,000 to get solid 8% return plus growth.

Land bought, builder available and clients waiting. Just need more finance.

Total project cost will be $950,000 - we are willing to offer 50% to 100% for sale. As it is real estate investment some bank finance would be available. So you may only need around $250,000 to secure 100%

Completion is expected about July 2010. This offer is only available prior to construction starting.

For more details and a consfidential discussion, please call the owner Graham Bell on 0418 832 220