Looking to maximise returns on your property investment?

Today, we delve into the success story of 262 Waterdale Rd Ivanhoe, where Little Fish Property Developments turned a single dwelling into three lucrative opportunities.

Let’s break down the numbers and unveil the strategy behind this impressive project.

Hey there, Peter Kelly, co-founder and CEO at Little Fish Property Developments. Today, we’re diving into the transformative journey of 262 Waterdale Rd Ivanhoe.

From a single dwelling to three double-storey homes, this project exemplifies our commitment to maximising returns for our investors.

Let’s peel back the layers and explore how we turned this vision into reality.

The journey began with identifying this prime site, a 680-square-meter plot with a single dwelling. We facilitated the purchase and embarked on a mission to unlock its full potential.

With meticulous planning and execution, we demolished the existing structure and laid the groundwork for three modern, spacious dwellings.

Each of these double-storey homes boasts four bedrooms, three bathrooms, and a contemporary design that appeals to today’s discerning buyers.

We spared no expense in ensuring quality craftsmanship and attention to detail throughout the construction process. From luxurious finishes to functional layouts, these homes were designed to impress.

262 Waterdale Ivanhoe | Numbers

Our total development costs amounted to $1,906,750, inclusive of land purchase, town planning, demolition, and construction.

With a meticulous eye on project management, we ensured efficiency and cost-effectiveness every step of the way.

The results speak for themselves. All three properties were sold upon completion, with a total Gross Realisation Value of $3,887,000.

After factoring in agent commissions and GST under the margin scheme, our net return stood at an impressive $599,397.

That’s a net return on project of 19.17% and a net return on equity of 38.33%.

From conception to completion, the journey of 262 Waterdale Rd Ivanhoe exemplifies our commitment to delivering exceptional outcomes for our investors.

By leveraging strategic planning, quality construction, and market insights, we’ve unlocked the full potential of this property, yielding substantial returns.

Ready to embark on your investment journey? Let Little Fish guide you towards success.

Until next time, happy developing.