Project update: Melbourne! Lets go! Here's the part investors love about this one. All-in cost: $1.65m ($500k land, $1m build, $150k fees and extras). Valuation before we even started: $2m. Expected valuation on completion: $2.2m. Do the maths. That's $350k of equity created in 12 months before we've even finished, and around $550k once complete if the valuation lands where we expect, 10% higher. Thats before you factor in the cashflow! This is what developer-style returns actually look like. We buy well, we build well, and the numbers work before the first tenant moves in. Want to see the feaso on this deal, or floor plan, or partner on the next one? Comment below or email hello@dominion.build (An overview, not financial advice.)
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