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Profile:
- Altona North, Melbourne
- 530m2 (corner allotment 17.6m x 30.15m)
- 3 double story, street facing, townhouses
- Net profit margin 27.9% @ $480k
- ROI 160%

Client need: an experienced multi-unit builder to manage a profitable Melbourne property development with a full design and construct service.

This client was a Melbourne CBD based project manager in his late 20’s, with no residential housing or development experience. Delcon were brought onboard to manage the project from start to finish with a turn-key service in order to maximise profit potential.

Our design and construct team implemented our tried and tested turn-key service strategy. The delcon turn-key service includes: design, town planning application & approval, construction, external works (driveways, pathways, landscaping, timber decks, clotheslines, etc), and property subdivision.

This corner allotment provided the opportunity for a set of multi-units that are all double story and all street facing. This property was subdivided into 3 individual allotments. For this new investor, a turn-key solution provided the perfect mix of management, control and learning experience. All units were sold post completion with recommended real estate partners, and achieved outstanding returns for the client.

Inclusions for each Altona North townhouse:

• 3 x 3 bedroom townhouses
• Master with WIR with Ensuite
• separate Main Bathroom
• Water Closet/Powder Room
• Study
• Laundry
• Open plan Kitchen/Meals/Living
• Outdoor living space
• Double Garage
• Exterior: Merbau timber deck, Lawn, Garden beds, Water tank, Shed & Clothesline.

Construction details for each Altona North townhouse:

• Conventional/Raft concrete slab
• Brick Veneer with Selkirk black diamond bricks
• Acrylic Rendered light weight (EPS) cladding to first floor
• Tin roof in Zincalume
• Bradnams Aluminium Windows
• Square set plaster
• Hume flat panel doors
• Vinyl Wrap kitchen
• Stone bench tops
• Bosch appliances
• Fujitsu Ducted Refrigerating Heating & Cooling
• Hardwood timber polished floors to common areas by ATF
• Hardwood timber stairs by Rimlar Stairs
• Carpet to bedrooms supplied by Western Distributers
• Floor to ceiling tiles in bathrooms supplied by Western Distributers
• Mosaic tile feature wall
• Freestanding bath
• Stone basins
• Mixer taps
• Wardrobe fitout with Arctic White Glass sliding doors
• Sectional panel lift garage door by Dynamic Door Service
• Energy efficient LED lighting
• Feature Pendant lighting
• Bosch Security Alarm
• Rendered front porch
• Exposed aggregate driveway
• Landscaped Gardens
Get in touch today to see how delcon can help you bring your vision to life, and build the future you dream of.
Call Us Today on 1800 335 266
(1800 delcon)
Or click here to enquire