The Church Flip: From Subdivision Disaster to Six-Figure Windfall
カートのアイテムが多すぎます
カートに追加できませんでした。
ウィッシュリストに追加できませんでした。
ほしい物リストの削除に失敗しました。
ポッドキャストのフォローに失敗しました
ポッドキャストのフォロー解除に失敗しました
-
ナレーター:
-
著者:
このコンテンツについて
Andrew bought a church to subdivide. The sewer line killed the plan. He still made $200K+. Here’s how.
In this episode of The Andrew Wright Property Podcast, Andrew breaks down a deal that started with big development plans… and ended with a completely different outcome, a profitable one.
What began as a potential two-lot subdivision ended up as a leased asset and a quick flip, thanks to a missed sewer connection, a private lending strategy, and a lucky GST contract clause that delivered nearly $50K back at settlement.
If you’re buying sites with development upside, or considering commercial value-add plays, this episode is a masterclass in adapting when things don’t go to plan.
Inside this episode:
- 🏚️ Why the subdivision failed, and how a single neighbour blocked it
- 💸 How Andrew financed the deal with private money at 8%
- 🧾 The GST clause mistake that gave him a $48K windfall
- 💡 When to pivot from “buy and hold” to a profitable sale
- 📜 Why legal and tax advice is non-negotiable on commercial contracts
“I didn’t add any value. I didn’t even touch the site. And I still made $200K.”
🎧 Follow for more real-world stories, real numbers, and real wins, even when the original plan falls apart.
🔗 Connect with Andrew at andrewwrightproperty.com.au and join our Property Investors community