Mortlake Vic
Option A
Great opportunity to make some cash in a tough market and reduce your risk ratio.
Sourced by the "multi-lot" category on the REDA website.
2 lots on 1 title property strategy (see our case studies)
No need for sub-division
3-week title separation
The second lot has street access and a bungalow
Zone: Residential, no planning overlays (sewage, water, power)
Figures :
Purchase listed price $330,000 1000 m/2 block 2 lots
Re-Sell
House on a 500 m/2 lot $280,000
500 m/2 vacant land with bungalow $130,000
Gross return $410,000
Option B
Another option is to sell vacant land, leaving a cost base and total capital outlay of $200,000
Positive cash flow cow !!!
$330 a week, $17,160 a year
"giving you 8.6% return"
REDA is developing a "Gold Membership" limited to 100 clients at $5,000 a year.
You will be trained with 12 monthly live seminar programs run for 2 hours.
Provided with 5 live active property deals per month.
Provided with all the training you require by the founder of REDA.
If you are interested in showing an expression of interest in this new program, please email Michael Marden at