Posts Tagged ‘bridge’
Yes it is about time that I build a bridge. Not in a personal or relationship sense, but in a construction sense. We have a property that to date no-one has dared to develop because it has been “too hard”.
That phrase I hear all too often about how hard it is to drive around Auckland, buy a home, buy an investment, build a house, save money, give up smoking, {insert next random thing}.
Well as you all know great rewards are gained by those that persevere, don’t give up and say it is just too hard. So I am putting in the hard yards on a project that I have under due diligence in West Auckland. It is a 3 lot residential freehold subdivision and their is a creek running through it. This creek has freaked out a number of investors and now the property has been getting stale on the market for 3 months as those that saw it thought it was too hard.
All it needs is a bridge over it to unlock the equity of two dormant sections – sleeping financial giants. So I have learned today a lot about bridges and how cheap section + cheap section = big money.
Note that this is not the creek or bridge I am building. In the absence of my digital camera yesterday this is a nice place filler
Whether or not the agents have in this case done the best job they could have for their vendor client is another issue and not my primary concern, however we are the best offer that they have in front of them on paper at the moment. The thing is we are basically getting the land for the two sections for free, with our only special cost being to build a bridge over a less than one metre wide and 50cm deep creek with around a 8 metre span to avoid a 1 in 100 year flood plain.
The site is glorious in its simplicity. It has only been made “too hard” by people lacking vision and a solution. Remember that Section + Solution = profit and go out with a new string to your bow – be armed and dangerous.
Enjoy your weekends.