What is Equity?
Equity is the difference between the cost of land and the cost of building your project.. In other words, say your land and building costs were around $600,000 and at completion, the bank evaluates the same at $850,000. This gives you an Equity of $250,000.
The ‘instant’ equity property development delivers is far better than buying a property at value and waiting years for capital growth to happen! once you understand how to develop a property you will never buy ‘off-the-plan’ or at full value again, as you will be acquiring property at a developer cost via property development.
We can assist with Feasibility Studies, planning and execution to ensure the development project returns the maximum Equity possible.
If you would like some assistance with your Development Project contact us here.