Making $1,570,000 From a $120,000 Block of Land
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概要
Most investors would have scrolled straight past this deal.
A tiny town. A “worthless” commercial block. No proven unit market. And a government road acquisition sitting quietly in the background.
In this episode of The Andrew Wright Property Podcast, Andrew breaks down how a $120,000 block of land, in a town of just 1,000 people, turned into a development opportunity with projected profits of $1.57 million.
This is a real-world example of how value isn’t found, it’s created, by understanding planning rules, pushing through complexity, and knowing when to pivot.
In this episode, you’ll learn:
- Why this block was considered “unsellable” and why Andrew bought it anyway
- How a single planning clause unlocked 15 dwellings instead of 5
- The costly due diligence mistake that triggered a state government acquisition
- How Andrew turned a roadblock into leverage without picking up a shovel
- The numbers behind selling early vs building and holding long term
- Why “proof of concept” isn’t always required if the land cost is right
This episode is a masterclass in highest and best use, problem-solving, and disciplined risk-taking, with real numbers, real mistakes, and real upside.
🔗 Learn more or get in touch:
👉 https://andrewwrightproperty.com.au/