Word on the Street
So one of my staff was up in Sydney on the weekend and she happened to catch the news. And she couldn’t wait to share it. Because word is they are selling an entire street in the Sydney suburb of Castle Hill.
It seems a genius couple have got together and talked their neighbours into selling 20 properties all in one line. A massive 1.9 hectares. Talk about creative thinking. A developers dream and cash cow in the making. Projected returns are huge. Last year when 8 neighbours got together in Epping the properties sold collectively for $30 million. They made $3.75 million each on houses that would normally have sold for $1.2 million stand alone. Pure genius. That’s money in the bank.
And the best thing about these situations is that it’s win-win. The abundant thinking of a couple willing to share their idea with others is a win-win for all involved. The neighbours. The developers. And the very lucky agent.
Getting away from being locked into traditional ways of thinking can open up so many opportunities that you might not otherwise see. And sometimes the best ideas come together when we are prepared to join forces with others. When we are prepared to network. In business circles it’s called a joint venture. And it’s a great way to make things happen by leveraging the best of what we all have to offer.
Sometimes the whole is greater than its parts.
What do you have to offer?
Who could you join forces with?