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Updated about 5 years ago on . Most recent reply

User Stats

17
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5
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Hugh Scarlett
  • Real Estate Investor
  • Helensvale, Queensland
5
Votes |
17
Posts

Development funding for energy efficient, affordable housing

Hugh Scarlett
  • Real Estate Investor
  • Helensvale, Queensland
Posted

The property started as a rehab project purchased via a Commissioners Sale, now it has turned into a demolition job and then redevelop the block. Zoning allows for 4 residences but this would have to be multi story which is not where we wish to go.

Our plan is to construct a duplex targeting the affordable housing market using innovative materials and construction techniques that will end up providing very energy efficient houses.

This is the first and with everything going well our intention is to "rinse and repeat".

We are looking for some funding support to bring the project to fruition as funding from Australia is not a viable option with the current $AUS-US exchange rate.

Any ideas would be much appreciated

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