12 Warana Way, Mount Eliza, Victoria

Capital Required

Capital Required

$ 300k

Capital Profit

Capital Profit

$ 12,5k per 100k



10% pa

About this opportunity

With the property already secured this project has significant momentum and we aim to  commence demolition and construction imminently.

We aim to construct 2 x 4 Bed, 3 Bathroom Townhouses, on the 791 sqm block of land, which will be sub-divided to 2 single titles.

We estimate the project to be completed within 12 months. (With a planned contingency of up to 18 months)

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Sales $3,700,000
Purchases $1,250,000
Construction Cost $1,100,000
All other costs $479,550
Profit (post GST) $791,318
Raw ROI 30.67%
Term 15 months
Annualised ROI 24.61%

Property Investment Summary


Mount Eliza

The median property price for a house is $1,750,000 with annual capital growth of 4.85%.

There were 309 house sales in the past 12 months.

On average, houses spend 27 days on market.

Houses have seen 0.00% growth in the past quarter, and 4.85% growth in the past 12 months.

The size of Mount Eliza is approximately 23.4 square kilometres. It has 39 parks covering nearly 5% of total area. The 2023 population forecast for Mount Eliza is 18,722, and is forecast to grow to 19,747 by 2036. The predominant age group in Mount Eliza is 40-49 years.

Households in Mount Eliza are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation. In 2021, 89.6% of the homes in Mount Eliza were owner-occupied compared with 88% in 2016. and

Charl van Wyk

Substantial personal portfolio with over 18 success projects delivered across the last 5 years. High focus on specialist education

Contact Us

With the property already secured this project has significant momentum and we aim to commence renovation and improvements imminently. For more information on this, please reach out to us.