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Success Stories

Newcastle Dual Occupancy

Site Excavation
Front Elevation
Rear Elevation
Kitchen and Dining

The land for this development was purchased late 2017. The project was completed mid 2018. The purchase price for the land was $305,000. The project is in a premium master planned estate with highly sought community facilities, close to school and shopping centre. This property was carefully chosen for the client by Property Bloom™ for development for three main reasons:


  1. The location is planned for massive population growth and expansion by NSW Planning and Council.
  2. The high quality of the estate community facilities.
  3. The market. This development was sold and targeted downsizes looking for low maintenance, single level dwellings.


Living area of each three bedroom, two bathroom villa, including upgrade to ducted air-conditioning: 160sqm


Total Project Cost, including land, stamp duty, legals, DA, CC, build cost, Torrens title subdivision:



Sold for in 2018:

Villa 1:


Villa 2:





Equity Created: 
The project ended with an equity result of $257,270 before the project management fee within 12 months.

ROI 20.2% after PM fee.


Gross Rental Yield – 6.7%

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