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Should I subdivide and build?

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Your Investment Property | 21 Jun 2012, 12:00 AM Agree 0
I’m considering this property with a large backyard and my friend suggested that I could subdivide the land and build a three bedroom house behind the one already there. I’ve estimated the costs to be around $400-$500k. Will this be a good long-term investment for me, or should I buy a new property altogether?
  • Rob | 05 Jul 2012, 10:56 PM Agree 0
    Brendan, great example! In terms of making the hardwork to subdivide and build worthwhile, typically what percentage of ROI do you look for? Cheers.
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