The Opportunity Snapshot
Location: Maroochydore, QLD (Sunshine Coast)
Project Type: 1 into 2 Lot Subdivision + Dual Occupancy (Duplex)
Current Status: DA Approved & Construction Certificate (CC) Ready
Estimated Project Duration: 12–14 Months
The Strategy
The “Landowner” currently holds a 700sqm R3-zoned corner block with an existing 1970s cottage. We have secured DA approval to subdivide and construct two 4-bedroom, 3-bathroom high-end townhouses. Each dwelling has a projected end-sale value of $1.1M – $1.2M.
What We Bring to the Table (Current Contribution)
Equity/Land: $650,000 in existing land equity.
Expertise: Full project management and construction oversight by a licensed builder with 15+ years of local experience.
Documentation: All architectural plans, engineering, and soil tests completed.
What We Are Looking For (The Ask)
We are seeking a Capital Partner to contribute $350,000 AUD to cover:
Construction commencement costs.
Holding costs (interest/rates) during the build.
Civil works for the subdivision.
Projected Returns
Total Development Value (TDV): $2.3M+
Projected Net Profit: $380,000 – $420,000
Proposed Split: 50/50 split of net profits (negotiable based on capital timing).
Why This Is A “Tenfold Standard” Deal:
De-risked: The DA is already in hand, saving the partner 6-9 months of planning risk.
Location: Low vacancy rates and high demand for new-build stock in this pocket.
Transparency: Full feasibility study and “Fixed Price” build contract available for review.
How to Enquire:
If you are interested in reviewing the feasibility study for this project, please click the “Enquire” button or contact the Tenfold Advisory team directly quoting Ref: JV-MAROOCHY-01.
