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Orange is a Residential Housing Development comprising 204 sites located in New South Wales Western districts.

The development is to take place over 2 to 4 years and in 3 stages.The total site area is approximately 32,000 square meters and currently zoned R2 low density.

Year 1 involves the completion of council DA requirements and pre sales of lots carryout civil works to release blocks for sale.

Year 2 will complete the above and sales of the lots.

Initial funding capital will be used to complete the purchase of raw land and carry out building of roads and site services along with council DA contributions. After the completion of this stage all sites will be ready for sale and initial investor capital returned to their accounts as sales are completed with the subsequent development being carried out from the profits of the sales of stages. The first stage is anticipated to take 6 to 12 months to complete with the following stages to be approximately 12 to 24 months.

Profits will be passed back to members as sales are realised from sale of each block.

Any investment in this property is 100% guaranteed and fully refundable at any stage.

Land Purchase price $10,000,000.00
Stamp duty $640,767.60
Development costs $5,000,000.00
First 100 lots

Remaining lots will be developed from sales revenue

ANZ Bank is fully supporting finance to qualified purchasers.
Must have full employment and 10% deposit.

Please CLICK ON the links below for additional development documents

DA 218-15

DA_02-1

 


 

Introducing agent
Jeremiah Wallace
Mark Wallace Industrial Property Consultant
www.markwallace.com.au

Legal Representation for VRE Dev
Merlyn Taouk
Gavel and Page Lawyers
7a/11 Mashman Avenue Kingsgrove NSW 2208

Orange

$15,000,000.00

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Total price
$15,000,000.00
Development type
Residential Option,
Location
Orange
Total Bit's in the Project
156,410
Total Bit's Sold
31,286
Total Bit's Remaining
125,124