Mermaid Waters
Started with a tired three bedroom home on 810 sqm. Finished with two executive dwellings: one retained and rented, one sold. The sale cleared the original mortgage and returned a six figure position.
Licensed real estate agency, South East QueenslandFree Site Feasibility
Your block might be worth two homes.
Free feasibility assessment for Gold Coast and South Brisbane property owners. We tell you what your site can legally hold, what it would cost to build, and what the finished product is worth.
Request my free feasibility
Who this is for
An ageing home on a big block
Owners of an older house on a large or newly rezoned site who want to build two, keep one and sell or rent the other.
Releasing value near retirement
Owners approaching retirement who want to release the value in the land without leaving the suburb they know.
Income without the headache
Owners who want a second dwelling for income but have no interest in managing a build.
What the feasibility tells you
This is a real document you keep, not a sales call in disguise.
Zoning
What your zoning allows, including recent low to medium density rezoning.
Build cost
A costed build for the dwellings the site can actually hold.
End value
The realistic sale value of each finished dwelling.
Net position
What you are left with after costs. Written down, not spoken over the phone.
The process
01
Feasibility
The numbers before any commitment.
02
Acquisition
We confirm the site or secure the right one.
03
Design and DA
Drawings prepared and lodged, council managed.
04
Builder engagement
Contracts negotiated with builders we work with.
05
Build management
Supervision and progress reporting to handover.
06
Sale
Our licensed agency sells the finished product.
Every one of those steps is a place a competitor hands you off. We do not.
What owners walked away with
South Brisbane
A retiring couple wanted to stay in the suburb. Two dwellings built, the smaller one kept as their home, the larger sold. They now live mortgage free with cash left over.
Request your feasibility
Step 1 of 2
Where is the block
Questions owners ask
How long does a duplex development take
Typically 14 to 20 months from feasibility to settlement of the finished dwellings, depending on council and build queue.
What if my block is not zoned for it
The feasibility tells you that before you spend anything. Recent low to medium density rezoning has changed the answer for a lot of SEQ blocks.
Do I need to have finance already
No. Plenty of owners come to us before speaking to a broker. The feasibility is what a broker will want to see.
Do I have to sell both
No. Keep one, keep both, or sell both. The feasibility models each outcome.
Who manages the builder and the council
We do. That is the point of the model. You are not chasing a certifier or a site supervisor.