The Church Flip: From Subdivision Disaster to Six-Figure Windfall cover art

The Church Flip: From Subdivision Disaster to Six-Figure Windfall

The Church Flip: From Subdivision Disaster to Six-Figure Windfall

Listen for free

View show details

About this listen

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

No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.