Zig Inge raises bar for ILU pricing: $1.2 million+ ILUs
Zig Inge has submitted its DA for the recently purchased Vaucluse High site in Sydneys prestigious Eastern Suburbs. Asking for permission to build 78 ILUs equates to a land content per unit of $385,000 based on the $30 million purchase price. If...
Zig Inge has submitted its DA for the recently purchased Vaucluse High site in Sydneys prestigious Eastern Suburbs. Asking for permission to build 78 ILUs equates to a land content per unit of $385,000 based on the $30 million purchase price. If they get approval for all 78 they will need to price at $1.2 million+ to cover development costs, communal facilities and possible legal fights with the historically difficult council and neighbours.
