Wanted: INVESTOR WANTED : for a property subdivision of lot - joint venture

As a property development consultant I am seeking for someone to split a deal by way of a joint venture. Joint venture proposal is > seeking someone to invest capital in a property subdivision costs > via a controlling option on the property > sale to market for two newly subdivided properties of approx 500 sqm each > original sized over 1000 property located in Bankstown council NSW Australia > profit split of 65/35 65% to you and 35% retained > property estimate value $545,000 median sale price in suburb > estimations .....Resale of properties .....1) with existing house $465,000 .....2) new subdivided lot $225,000 > total sale $690,000 example of what the capital investment will fund is: =========================================================== THE COSTS Surveyor $4,000 Application Fee for Subdivision (Council) $1,200 Titling Fees $800 Headworks to Council (infrastructure charges: $20K-$30K) $24,000 Civil Costs (Design and installing of services) $25,000 TOTAL: $55,000 PROFIT Market Value of Property $500,000 Property Optioned for 12-18 months at $530,000 Sell block with original home $465,000 Sell Vacant block of land (or new house and land) $225,000 Gross Realisation $690,000 Less Option Price $530,000 Gross Profit $160,000 Less Splitter Costs $55,000 Less Agents Commission to sell both properties (Approx 3% of GR) $21,000 (paid at settlement) NET PROFIT $84,000 =========================================================== To arrange a meeting please email via FL or call Anthony Cortes 0459488721 after 3:30 on mobile Sydney Time [AEST] Property details disclosed on non disclosure agreement and JV partnership to be negotiated Bidding in Percentage not Dollars $50 = 50% t/a Setroc ABN: 51 154 682 055